He fought the army during wwi
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<em>The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close. Fannie and Freddie had not been doing that, and as a result, lending had tightened up dramatically. Fannie Mae and Freddie Mac created a liquid secondary market for mortgages. This meant that financial institutions no longer had to hold onto the mortgages they originated. They could sell mortgages on the secondary market shortly after origination. Selling mortgages freed up funds for creating additional mortgages.</em>
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Answer:
The highest rate of U.S. unemployment was 24.9% in 1933, during the Great Depression. Unemployment remained above 14% from 1931 to 1940.
Graph of U.S. Unemployment Rate, 1930-1945 The unemployment rate rose sharply during the Great Depression and reached its peak at the moment Franklin D. Roosevelt took office. As New Deal programs were enacted, the unemployment rate gradually lowered.
The lowest unemployment rate recorded in this period was 1.4% in 1890 and the highest was 10.2% in 1892. In 1911 a compulsory national scheme of insurance against unemployment was introduced. This meant there was a significant change to the way data on the unemployed was collected.
<span>The U.S. avoided involvement in WWII before December 1941 because the Congress and the President wanted to believe that the war did not affect the U.S. This was called "isolationism" the idea that a country could isolate itself from others. </span>
