Fannie Mae Eases Credit To Aid Mortgage Lending from 1999 NYT

It is interesting to look back and analyse, especially this giant FM@FM:
"The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring."
I see now how useful information can be, the article was freely available to anyone wanted to analyse it :)