For the longest time, Freddie Mac had been considered less tech-savvy than rival Fannie Mae. And recent reports about Freddie’s current situation show how much work the GSE has to do to overcome that perception. According to the Office of Federal Housing and Enterprise Oversight, Freddie still faces major technology challenges to recover from system shortfalls discovered more than two years ago. It was June of 2003 when Freddie revealed the extent of its accounting