Government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac essentially transform the U.S. housing market by making sure that all credit-worthy home buyers have access to responsible mortgages.
This video from the National Association of REALTORS (NAR), titled “NAR Vision for the GSEs” details the history of the GSEs’ role in housing finance, the 2008 foreclosure crises, and NAR’s vision for reform to prevent future crisis and protect homebuyers’ access to the 30-year, fixed-rate home mortgage.
To learn more, click here to watch this informative video: NAR Vision for the GSEs
