Fannie Mae’s MyCommunity Mortgage
May 10, 2010 at 09:44 AM EDT
Fannie Mae’s (FNM) MyCommunity Mortgage was at the forefront of the credit crisis, and had many sub-programs, all targeted at low income communities and borrowers. These programs supposedly highlighted the mission that made these GSEs as essential: they were doing what the private sector would not, serve the historically underserved. Unfortunately, lending to people without the [...]