The government stepped in to help Fannie Mae and Freddie Mac in 2008 during the housing crisis. They were worried about the risks these companies were taking. The government took action to stabilize them and make sure people could still get mortgages. The paper talks about why Fannie Mae and Freddie Mac were in trouble, what the government did to help, and how well it worked. Policymakers will need to think about what to do with these companies in the future.