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Through Fannie Mae, US taxpayers provide backing for some rental home giants

Through Fannie Mae, US taxpayers provide backing for some rental home giants

That’s because of a new initiative by the Federal Housing Finance Agency (FHFA), in which Fannie Mae guarantees mortgage-backed securities on rental homes. (Fannie Mae, along with Freddie Mac, is a government-sponsored enterprise that securitizes mortgages, allowing private lenders to put more of their money back into lending.)

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