The Federal National Mortgage Association (Fannie Mae) was onginally established to provide a secondary market for FHA-insured and VA guaranteed loans. All of the following statements regarding Fannie Mae are true except Fannie Mae is authonzed to buy both conventional home loans and government-sponsored residential mortgages Farve Mae lends money directly to homebuyers Fannie Mae fully guarantees timely payment of interest and principal to investors Fannie Mae was once a private, self-supporting company with publicly traded stock that has now been placed into conservatorship by the US government following the mortgage crisis of 2007-2008 OOO