Fannie and Freddie: By the numbers

It's the "mother of all bailouts" — the two government-owned mortgage providers have already cost taxpayers $146 billion. Analysts say that figure could grow to $1 trillion

Fannie and Freddie: "The mother of all bailouts"
(Image credit: Getty)

Fannie Mae and Freddie Mac, the giant mortgage providers brought under government control in September 2008, were nationalized at the height of the financial crisis as more and more homeowners defaulted on their loans. Covering both companies' obligations has already cost taxpayers a bundle and financial experts are now warning that they could require "the mother of all bailouts" if house prices fall further. By the numbers:

$6 trillion

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