Daily Archives: 09/06/2019
2008 – The Federal Housing Finance Agency (FHFA) announced that Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) would be placed in government “conservatorship”

FHFA’s Role as Conservator
Conservatorship is intended to stabilize troubled institutions with the objective of maintaining normal business operations and restoring financial safety and soundness. As conservator, FHFA has the powers of the management, boards, and shareholders of Fannie Mae and Freddie Mac.
– fhfa.gov
i don’t know if this was a good move ultimately ~ Nativegrl77
2002 – In New York, the U.S. Congress convened at Federal Hall for a rare special session. The session was held in New York to express the nation’s mourning for the loss on September 11, 2001 and unity in the war against terrorism.
Amy Dreher photo)
