Why do Fannie and Freddie matter?

July 12: Though you probably don?t write your house payment check to Fannie Mae or Freddie Mac, there is a good chance one of them guarantees the mortgage on your home. NBC?s Lester Holt and CNBC?s Trish Regan discuss the financial health of these two mortgage giants.

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WHY DO FANNIE AND FREDDIE MATTER?

NBC Nightly News - July 12, 2008 (Us)

July 12: Though you probably don?t write your house payment check to Fannie Mae or Freddie Mac, there is a good chance one of them guarantees the mortgage on your home. NBC?s Lester Holt and CNBC?s Trish Regan discuss the financial health of these two mortgage giants. More...

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