WATCH: Chairman @RepFrenchHill on GSEs: “Government-Sponsored Enterprises, specifically Fannie Mae and Feddie Mac, play a critical role in the secondary mortgage market, enhancing mortgage affordability by purchasing loans from lenders and securitizing them, keeping interest rates lower for homebuyers. While Fannie Mae and Freddie Mac were created to support housing finance, history has shown that poor decisions, inadequate oversight, and unchecked mission creep can impose serious costs for taxpayers and the broader economy.” 📺⬇️