Fannie Mae is national the name for the Federal, popular in the USA, Mortgage Association, from whose initials the name was formed. It is a public institution, which was created 1938. It is a pure mortgage bank and is world-wide largest Institut in this section. The Hypotheken are guaranteed by the American state and can be assigned in such a way to a more favorable interest than other banks.

Together with that popularly Freddie Mac second largest mentioned, likewise public mortgage bank of the USA went it for the financing of the Hypotheken loans in the value of 2.400 billion dollar, whereby she belongs to the largest debtors world-wide. Due to the real estate boom, which now already continues in the USA since center of the nineties, the financial markets see the danger increasing that during a decrease of the real estate prices Fannie Mae could come into serious problems, which could lead in view of the height of the debts to world-wide turbulences on the financial markets.

See also: Ginnie Mae, Freddie Mac, FHL banks

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