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Freddie & Fannie own ~45% of the mortgages in the US. Ginnie has another 15. In addition VA loans & FHA loan security is applied to something like 45% of loans
by kasey_junk 10y ago
Freddie & Fannie own ~45% of the mortgages in the US. Ginnie has another 15.
In addition VA loans & FHA loan security is applied to something like 45% of loans. I've seen estimates that suggest the US taxpayer backs or owns 60% of loans in the residential market.