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Housing Enterprises: The Roles of Fannie Mae and Freddie Mac in the U.S. Housing Finance System

T-GGD-00-182 Published: Jul 25, 2000. Publicly Released: Jul 25, 2000.
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Highlights

 

Pursuant to a congressional request, GAO discussed the roles of Fannie Mae and Freddie Mac in the U.S. housing finance system, focusing on: (1) the benefits and costs of the enterprises' housing finance activities; (2) federal efforts to ensure the enterprises' safety and soundness; and (3) federal efforts to ensure that the enterprises promote home ownership opportunities for all Americans.

 

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Financial managementGovernment sponsored enterprisesMortgage loansMortgage programsMortgage-backed securitiesHousing financeGovernment-sponsored enterprisesHousingHousing enterprisesSafety and soundness