The Federal National Mortgage Association (or Fannie Mae)was created to

Question

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Fannie Mae was created to establish a secondary financial market in mortgages, which would create a larger market and increase liquidity in the market for mortgages. This would make it easier for lenders to provide mortgages and for homeowners to obtain them. Fannie Mae does not make mortgages harder to obtain or specifically target new immigrants, although it does work to promote access to affordable, sustainable homeownership for all Americans.

The Federal National Mortgage Association (Or Fannie Mae)was Created to