Watch CBS News

Katie Couric's Notebook: Fannie & Freddie

The names sound like two of your neighbors, old Fannie and Freddie sitting on their porch swing.

But Fannie Mae and Freddie Mac are actually the two biggest mortgage finance companies in America. They handle half of all home loans and are the foundation of the housing market.

That foundation has begun to crack. For more, just click the monitor.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.