[antonia]

Jeepers! in Fannie Mae's very first sentence, on their official web page, describing their mission, they lie like a bad rug!

"Fannie Mae provides stability, liquidity, and affordability to the nation's housing finance system under all economic conditions. We exist to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. "

[uncommonsense]

"Fannie Mae was created in 1938, under President Franklin D. Roosevelt...The government established Fannie Mae in order to expand the flow of mortgage funds in all communities, at all times, under all economic conditions, and to help lower the costs to buy a home."

Didn't work too well, did it...? In fact, just the opposite happened.

If we start the story with the action of "government intervention in a free market" - can anyone guess the ending?