Which government agency provides secondary market support by purchasing FHA and VA loans?

The Federal Reserve is the central banking system of the United States, focusing on monetary policy, interest rates, and economic stability. While it plays a crucial role in the financial system, it does not engage in purchasing FHA and VA loans directly or provide secondary market support for them.

Fannie Mae, or the Federal National Mortgage Association, primarily deals with conventional loans and is focused on purchasing and securitizing loans not insured or guaranteed by the federal government. While it supports the housing market, it does not specifically purchase FHA and VA loans, which are the focus of Ginnie Mae.

The Farmer's Home Administration, now part of the Rural Development agency, primarily provides loans and grants to support rural development and agriculture. It does not operate in the secondary market for FHA and VA loans, which is outside its scope of responsibilities.