Fannie Mae Introduces Risk Sharing BondsVW Staff
Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) is following in the footsteps of brother-lender Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) by introducing risk-sharing mortgage bonds to American investors. The instruments are designed to shift some of the risk of a housing crisis from the Government sponsored enterprise to the buyer of mortgage bonds.
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