Holdings include U.S. Treasuries, Federal National Mortgage Association debt, and Federal Home Loan Mortgage debt.

FORBES: Uncertainty Leads Bond ETFs Higher

C. area benefits from the enormous assets of both Fannie Mae and the Federal Home Loan Mortgage.

FORBES: A tale of ten cities

Today's announcement by the Fed that it will purchase direct debt obligations of Fannie Mae, Freddie Mac and the Federal Home Loan Banks, and also mortgage backed securities guaranteed by Fannie, Freddie and Ginnie Mae, underscores our support for the housing market.

FORBES: Magazine Article

But the bank is potentially under reserved in the event Fannie Mae ( NYSE:FNM), Freddie Mac (NYSE:FRE), and the Federal Home Loan Banks prevail in forcing significant mortgage loan repurchases.

FORBES: KPMG, Citigroup, and Taxes: How Quickly We Forget

At first, the federal mortgage agencies provided useful liquidity, making it easier for people to get a home loan.

ECONOMIST: Homesick blues