Most people have heard of Fannie Mae and Freddie Mac. But many, even in the housing business, are not entirely certain what role they play. Fannie Mae was initially established by Congress during the Great Depression to help improve access to mortgage credit (Freddie Mac was set-up later in the 1970s). Fannie and Freddie do … Continue reading Fannie Mae and Freddie Mac Have a New ‘Duty’ to Serve Rural America