“Fannie and Freddie could require bailout if lockdown lasts”
April 3, 2020
“Fannie Mae and Freddie Mac, the government-controlled companies that guarantee nearly half of US mortgages, could require their second bailout in just over a decade if the US economy remains in a lockdown for several months, their regulator has warned. The two groups, which collectively underpin the $10tn US housing market, have sufficient resources to last through a lockdown of about 12 weeks…”
https://finance.yahoo.com/m/1796b64e-d9b1-3d70-b419-fd228394c319/fannie-and-freddie-could.html