Fannie Mae, Freddie Mac, and Ginnie Mae Own 95% of Home Loans

The US Government probably owns your home mortgage loan according to a letter released by the Federal Reserve Bank.

The huge resurgence of FHA loans is one of the reasons for the increases from 50% in 2006.  Also, the fact that these governmental organization are buying up loans at a rate of about $3billion a week…governmental securitization. According to the Federal Reserve this shift began to ebb from the banks to these organizations back in the ’70’s when mortgage assets were at 75%.  As of 2008 they were measured at 35%.

Much of the increase is related to the expansion of these entities…Fannie Mae, Freddie Mac, and Ginnie Mae.

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