▁" How ▁to ▁Priv at ize ▁F ann ie ▁Ma e ▁and ▁Fred die ▁Mac ." ▁Pres ented ▁to ▁the ▁ 4 0 th ▁Ann ual ▁Bank ▁Str ucture ▁Conference ▁spons ored ▁by ▁the ▁Federal ▁Reserve ▁Bank ▁of ▁Chicago , ▁Chicago , ▁IL , ▁May ▁ 7 , ▁ 2 0 0 4 . ▁ ▁Fa he y , ▁N icole . ▁" F ann ie ▁Ma e ’ s ▁Sub ordin ated ▁Deb t ▁Program ." ▁F ann ie ▁Ma e , ▁Washington , ▁DC , ▁ 2 0 0 1 . ▁ ▁F ann ie ▁Ma e . ▁Ann ual ▁Re ports . ▁Washington , ▁DC , ▁ 2 0 0 1 – 2 0 0 3 , ▁ 2 0 0 6 - 2 0 1 1 . ▁ ▁F ann ie ▁Ma e . ▁Gu arante ed ▁M BS ▁Pass - T hr ough ▁Sec ur ities : ▁M ega ▁Cert ific ates . ▁Washington , ▁DC , ▁ 2 0 0 2 . ▁ ▁Federal ▁De pos it ▁In sur ance ▁Corporation . ▁" Ass ess ing ▁the ▁Bank ing ▁Indust ry ' s ▁Ex pos ure ▁to ▁an ▁Imp licit ▁Government ▁Gu arante e ▁of ▁G SE s ." ▁F Y I : ▁An ▁Update ▁on ▁Emer ging ▁Iss ues ▁in ▁Bank ing , ▁Washington , ▁DC , ▁ 2 0 0 4 . ▁ ▁Feld man , ▁Ron ▁J . ▁" M ort g age ▁R ates , ▁Home own ership ▁R ates , ▁and ▁Government