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How Fannie, Freddie Became Kings Of The Hill

Published on Jul 15, 2008 in Business

NPR: Business Story of the Day Podcast

NPR: Business Story of the Day Podcast

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Homeowners might think of Fannie Mae and Freddie Mac as just the big dogs of the mortgage business, but in Washington, D.C., they're known as big p... More

Homeowners might think of Fannie Mae and Freddie Mac as just the big dogs of the mortgage business, but in Washington, D.C., they're known as big players in lobbying. The two companies managed to stave off government regulation for years by lobbying hard — and spending generously. Less

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