timesofindia.indiatimes.com

US Puts Fannie Mae Into Conservatorship During 2008 Housing Crisis

Fannie Mae logoFannie Mae
Sig7.48Sen-3.05Env0.00Soc0.00Gov-6.62
Freddie Mac logoFreddie Mac
Sig6.65Sen-6.10Env0.00Soc0.00Gov-6.75

In September 2008, as the US housing market collapsed and defaults surged, the US government announced a sweeping intervention to rescue Fannie Mae and Freddie Mac from worsening pressure on the housing market and the financial system. On September 6, FHFA placed both firms into conservatorship, taking control of management, boards and shareholders. They remained under federal conservatorship in 2026, though Treasury and FHFA amended release agreements in January 2025.

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