The story

Fannie Mae and Freddie Mac were created to help individuals realize the American dream of home ownership, but they now find their survival at risk in the U.S. mortgage crisis.

Friday's closure of California-based IndyMac bank by federal regulators on Friday sparked investor panic that sent shares of mortgage finance giants Fannie Mae and Freddie Mac on a wild ride and fueled speculation of a government rescue.

On Sunday, the Treasury Department and Federal Reserve announced steps to make funds available to Fannie Mae and Freddie Mac if necessary. Read full article »

All About Freddie Mac HoldingsFannie MaeIndyMac Bancorp Inc.

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