If you had a crystal ball, you might try to find out when you'd meet your spouse or how to buy the house of your dreams. As the economy rebounds from the 2008 financial crisis, many people are trying to predict the housing industry's future.
We're not in the business of fortune–telling, though. We're in the business of making home possible for millions of Americans and that's what we'll stick to.
In a recent interview with mortgage industry magazine The MReport, Dave Lowman, the head of our Single–Family Business, talked about our activities over the past few years. For example, we provided $456 billion in mortgage funding in 2016. And, in turn, we transferred those credit risks to private market investors, which "provides approximately $25 billion of loss protection to American taxpayers."
While the speculation continues, we're going to keep doing what we've been doing since 1970 — providing liquidity, stability and affordability to the U.S. housing market.
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