Fannie Mae
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) that has been a publicly traded company since 1968. Founded in 1938 during the Great Depression as part of the New Deal, the corporation was established to expand the secondary mortgage market. It does this by securitizing mortgage loans into mortgage-backed securities (MBS), which allows lenders to reinvest their assets into additional lending. This process effectively increases the number of mortgage lenders by reducing reliance on local savings and loan associations. Its sister organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac.
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Recent news mentioning Fannie Mae
- — US official directs Fannie Mae, Freddie Mac to approve VantageScore for all lenders
- — Centene taps Fannie Mae executive as CIO
- — Fannie Mae Releases July 2026 Monthly Summary
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- — El gigante hipotecario Fannie Mae despide a una decena de altos ejecutivos
- — Fannie Mae Stock Dips on Report of High-Ranking Departures at Mortgage Giant
- — Fannie Mae Hit by Turmoil in Senior Ranks as Roughly 12 Executives Are Let Go
- — ZIONS BANCORPORATION COMPLETES ACQUISITION OF FANNIE MAE AND FREDDIE MAC MULTIFAMILY BUSINESS LINE FROM BASIS INVESTMENT GROUP
- — Fannie Mae Releases June 2026 Monthly Summary
- — Fannie Mae Reports Net Income of $4.0 Billion for Second Quarter 2026