Fannie Mae

Founded in 1938, Fannie Mae is a leading source of mortgage financing in the United States. With its headquarters located in Washington, D.C., the company plays a crucial role in the housing finance system by ensuring that affordable housing opportunities are available for more Americans. Fannie Mae's mission focuses on providing reliable and sustainable homeownership options to a wide range of customers.

Fannie Mae provides liquidity to the mortgage market by purchasing mortgages from lenders, which in turn helps those lenders originate more loans. This continuous cycle of purchasing and reselling loans helps to maintain stability in the housing market. The company offers a variety of financial products and services designed to support homeowners and renters alike, contributing to the overall health of the housing market.

Led by CEO Hugh R. Frater, Fannie Mae employs around 13,000 individuals dedicated to supporting the housing market. The company's efforts are not only focused on immediate housing needs but also on long-term sustainability and innovation in mortgage financing. Through its various initiatives, Fannie Mae aims to make the dream of homeownership a reality for millions of Americans.