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Freddie Mac and Fannie Mae are both government-sponsored enterprises that aim to enhance the flow of mortgage funds in the housing market. They provide liquidity by buying loans from lenders, but they have different focuses. Fannie Mae primarily buys loans that meet certain criteria, while Freddie Mac targets smaller lenders and offers a broader range of mortgage products. Understanding the distinctions between these two is essential for navigating the TX Fannie Mae/Freddie Mac 3185 landscape.
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