print email comment close Q&A: Freddie Mac and Fannie Mae URL: http://news.bbc.co.uk/2/hi/business/7502310.stm Description: Brief answers to questions from July 2008 about "[t]roubled US mortgage giants Freddie Mac and Fannie Mae [who] are at the heart of the US housing market." Covers who are Fannie Mae and Freddie Mac ("shareholder-owned companies mandated by the US Congress to provide funding to the housing market"), what they do, why they are in trouble, and what would happen if they failed. From the British Broadcasting Corporation (BBC). Publisher: British Broadcasting Corporation (BBC) LII Database Information: Record 26502 created by Maria Brandt on 07/14/2008 Last modification on 07/14/2008 Published: 07/17/2008   Funding agency: California State Library LII Item ID: http://lii.org/cs/lii/view/item/26502