No Summary provided as the original text is short
- Fannie Mae: A U.S. government-sponsored enterprise that provides liquidity to the mortgage market by purchasing and guaranteeing mortgages.
- Freddie Mac: A U.S. government-sponsored enterprise that buys mortgages and packages them into mortgage-backed securities for investors.
- Mortgage-backed securities: Financial products created by pooling home loans and selling them to investors, providing funds for lenders to issue more mortgages.