Fannie Mae Ethical Scandal

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Analysis of Fannie Mae Ethical Scandal
During the great depression, the congress chartered the Federal National Mortgage Association (Fannie Mae) with the aim of increasing affordable housing for low and moderate income earners. Although the company was able to provide affordable housing, they eventually ended up taking higher risks which had dire consequences on the various parties. This paper discusses the role of Fannie Mae in the housing markets, the ethical dilemma it faced, the consequences of the unethical decisions, the outcome of the ethical scandal, and possible alternative actions that should be taken when a similar situation occurs in the future.

Background
Fannie Mae (Federal National Mortgage Association) is an enterprise sponsored
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