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Global Trade Alert

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United States of America: Expanded bailout to mortgage guarantors

Description

The Obama administration made a commitment on December 24, 2009 to provide expanded financial assistance to the semi-public mortgage firms commonly known as Fannie Mae and Freddie Mac. More formally...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Dec 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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