What are Fannie Mae and Freddie Mac?
	What do they do?
	Why were they created?
	So they are owned by the government?
	What problems do they currently face?
	What happens in a government bailout?
	What has the Federal Reserve done to help Fannie and Freddie?
	Can they fail?
	How do Fannie and Freddie's current problems affect
	What will the housing bill do?

The Federal National Mortgage Association, Fannie Mae, and Federal Home Loan Mortgage Corporation, Freddie Mac, are the largest purchasers and insurers of mortgages in the country.