Debt
As of July 1997, the debt of the major GSEs stood at:
| Organization | Debt ($ in billions) |
|---|---|
| Federal Agricultural Mortgage Corporation (Farmer Mac) | |
| Federal Home Loan Banks (FHLBanks) | 822.0 (2007) |
| Federal National Mortgage Association (Fannie Mae) | 348.6 |
| Federal Home Loan Mortgage Corporation (Freddie Mac) | 161.5 |
| Farm Credit System (FCS) Farm Credit Banks (FCBanks) | 61.9 |
| Resolution Funding Corporation (REFCORP) | 30.0 |
| Financing Corporation (FICO) | 8.2 |
| Farm Credit System (FCS) Financial Assistance Corporation (FAC) | 1.3 |
Read more about this topic: Government-sponsored Enterprise
Famous quotes containing the word debt:
“Man’s pity for himself, or for his son,
Always premising that said son at college
Has not contracted much more debt than knowledge.”
—George Gordon Noel Byron (1788–1824)
“This is the debt I pay
Just for one riotous day,”
—Paul Laurence Dunbar (1872–1906)
“Pain and fear and hunger are effects of causes which can be foreseen and known: but sorrow is a debt which someone else makes for us.”
—Freya Stark (1893–1993)
Related Phrases
Related Words