Big correction
FNMA was established in 1938. Went private in 1968, so on that technicality I wasn't that far off.
Uh-oh, 1938 makes it a New Deal program. No wonder you're reacting negatively! It must be bad if it was FDR's idea.
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FNMA was established in 1938. Went private in 1968, so on that technicality I wasn't that far off.
Uh-oh, 1938 makes it a New Deal program. No wonder you're reacting negatively! It must be bad if it was FDR's idea.