© 2026

For assistance accessing the Online Public File for KAXE or KBXE, please contact: Steve Neu, IT Engineer, at 800-662-5799.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

U.S. Treasury, Fed Step In To Assist Freddie, Fannie

A U.S. government plan to restore confidence in Fannie Mae and Freddie Mac would temporarily raise the Treasury Department's credit line to the two mortgage financiers. The idea is to shore up the finances of the two companies and keep money flowing to the mortgage market.

Steve Inskeep talks with David Wessel, economics editor at The Wall Street Journal, for an explanation of what this means for mortgage holders and taxpayers.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Creative Commons License
Our stories may be republished online or in print under Creative Commons license CC BY-NC-ND 4.0. We ask that you edit only for style or to shorten, provide proper attribution and link to our site. Please see our republishing guidelines for use of any other photos and graphics.