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Fannie Mae
Essay specific features
Written by:
Frances S
Date added:
January 5, 2014
Level:
Grade:
C
No of pages / words:
13 / 3488
Was viewed:
3919 times
Rating of current essay:
Essay content:
In 1968, the government converted Fannie Mae into a private shareholder-owned corporation in order to remove its activity from the annual balance sheet of the federal budget.[6] Consequently, Fannie Mae ceased to be the guarantor of government-issued mortgages, and that responsibility was transferred to the new Government National Mortgage Association (Ginnie Mae)...
displayed 300 characters
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In 1968, the government converted Fannie Mae into a private shareholder-owned corporation in order to remove its activity from the annual balance sheet of the federal budget.[6] Consequently, Fannie Mae ceased to be the guarantor of government-issued mortgages, and that responsibility was transferred to the new Government National Mortgage Association (Ginnie Mae)...
displayed 300 characters
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