Ten Years Ago: Federal Takeover of Fannie Mae and Freddie Mac

Federal Takeover of Fannie Mae and Freddie Mac

Treasury Secretary Henry Paulson, Jr., and Federal Housing Finance Agency Director James Lockhart announced that Fannie Mae and Freddie Mac would be under the conservatorship of the FHFA starting the next day. They answered questions from reporters.

https://www.c-span.org/video/?280948-1/federal-takeover-fannie-mae-freddie-mac