Freddie Mac computer are a government-paid enterprise you to expenditures residential mortgages regarding banks and other loan providers, swimming pools them to each other, and you may sells them since financial-recognized bonds so you can people. S. Financial industry. Typically, Freddie Mac possess starred a life threatening character in making homeownership alot more reasonable and you may available to countless People in america. Although not, the continuing future of Freddie mac try unclear as policymakers and you may stakeholders argument its role on the home loan sector.
step 1. You to definitely possible future to have Freddie Mac would be to remain working since the this has for decades. It means to get mortgage loans out-of banking institutions or any other loan providers, packaging all of them to your bonds, and you may offering them to dealers. Supporters believe Freddie Mac computer brings exchangeability to the mortgage business and assists to save interest levels lowest. Continue reading « nine. Criticisms and Controversies Close Freddie Mac »