How does Fannie Mae and Freddie Mac work?

How does Fannie Mae and Freddie Mac work? What is the difference between Fannie Mae and Freddie Mac? The primary difference between Freddie Mac and Fannie Mae is where they source their mortgages from. Fannie Mae buys mortgages from larger, commercial banks, while Freddie Mac buys them from much smaller banks. Fannie Mae and Freddie … Continue reading How does Fannie Mae and Freddie Mac work?