The federal agency created during the Great Depression to establish a secondary mortgage market by purchasing FHA-insured loans at par and accrued interest was the

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The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, was established during the Great Depression to create a secondary mortgage market by purchasing FHA-insured loans. This helped ensure a reliable source of funding for home mortgages.

The Federal Agency Created During the Great Depression to Establish