Topic: What Is The Role of Fannie MAE and Freddie MAC?
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Without Fannie and Freddie, lenders would not be able to originate and fund mortgage loans with a low down payment at competitive rates and favorable terms. The housing market would not be as stable as it has been in the past 50 years without Fannie Mae and Freddie Mac. In the following paragraphs, we will cover conventional loans and how the conforming mortgage loan process works.