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[[File:Fannie Mae Headquarters.JPG|200px|right|thumb|Fannie Mae headquarters at 3900 [[Wisconsin Avenue (Washington, D.C.)|Wisconsin Avenue]], NW in [[Washington, D.C.]]]]
The '''federal takeover of Fannie Mae and Freddie Mac''' was the placing into [[conservatorship]] of the [[government-sponsored enterprise]]s (GSEs) Federal National Mortgage Association ([[Fannie Mae]]) and Federal Home Loan Mortgage Corporation ([[Freddie Mac]]) by the [[U.S. Treasury]] in September 2008. It was one of the financial events among many in the
On September 6, 2008, the director of the [[Federal Housing Finance Agency]] (FHFA), [[James B. Lockhart III]], announced his decision to place the two GSEs into a conservatorship run by the FHFA.<ref name="USTreasury-Paulson-2008-09-07">{{cite press release |first=Henry M., Jr. |last=Paulson |title=Statement by Secretary Henry M. Paulson, Jr. on Treasury and Federal Housing Finance Agency Action to Protect Financial Markets and Taxpayers |date=September 7, 2008 |publisher=United States Department of the Treasury |url=http://www.treasury.gov/press-center/press-releases/Pages/hp1129.aspx |access-date=September 7, 2008}}</ref><ref name=FHFA-Lockhart-2008-09-07>
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