<P> The federal takeover of Fannie Mae and Freddie Mac was the placing into conservatorship of the government - sponsored enterprises ( GSEs ) Federal National Mortgage Association ( Fannie Mae ) and Federal Home Loan Mortgage Corporation ( Freddie Mac ) by the U.S. Treasury in September 2008 . It was one of the financial events among many in the ongoing subprime mortgage crisis . </P>
<P> The federal takeover of Fannie Mae and Freddie Mac was the placing into conservatorship of the government - sponsored enterprises ( GSEs ) Federal National Mortgage Association ( Fannie Mae ) and Federal Home Loan Mortgage Corporation ( Freddie Mac ) by the U.S. Treasury in September 2008 . It was one of the financial events among many in the ongoing subprime mortgage crisis . </P>
when did freddie mac and fannie mae fail
when did freddie mac and fannie mae fail
September 2008
September 2008