If you indicate that you don’t know what Fannie Mae is, and does by statements like that, it is obvious that nothing you say has any weight at all.

Fannie Mae and Freddie Mac are public/private institutions that provide particular services to facilitate the mortgage market in the United States. That the author of the article has made clear a total lack of familiarity with what they are and what they do, nothing written is worth my time.

People who actually know what Fannie Mae and Freddie Mac are and do are cognizant that they have problems as a result of the collapse of the housing bubble, but they didn’t cause the problems; they are “collateral damage”.

So you know, neither originates mortgages.