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The U.S. government placed both companies in conservatorship on 7 September 2008.
7 Sep 2008
Takeover of Fannie Mae and Freddie Mac. The U.S. government placed both companies in conservatorship on 7 September 2008.
Takeover of Fannie Mae and Freddie Mac involved Fannie Mae, Freddie Mac and Henry Paulson.
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Pictures, from Wikimedia Commons: Fannie Mae, User:AgnosticPreachersKid, CC BY-SA 3.0; Henry Paulson, Treasury Department, Public domain.