AS THE NATION'S largest issuer of mortgage-backed securities, Fannie Mae must get the right information into the right hands at the right time.

To this end, the Federal National Mortgage Association as the secondary-market association is formally known embarked in 1991 on a five-year technology investment project. When it is completed in approximately 18 months, Fannie Mae estimates, more than $100 million will have been spent on new technology.

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