Fannie Mae

Fannie Mae

Washington, District of Columbia, United States
Washington United States
Employees:
7,000
Market Cap:
$2.77 billion
Revenue:
$22.44 billion
5 Year Trend:
10.2%
Net Income:
$12.88 billion
Founded:
1938

The Federal National Mortgage Association, commonly known as Fannie Mae, is a United States government-sponsored enterprise and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporations purpose is to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-backed securities, allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations. Wikipedia

Fannie Mae

Washington, District of Columbia, United States
Washington United States

The Federal National Mortgage Association, commonly known as Fannie Mae, is a United States government-sponsored enterprise and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporations purpose is to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-backed securities, allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations. Wikipedia

Employees:
7,000
Market Cap:
$2.77 billion
Revenue:
$22.44 billion
5 Year Trend:
10.2%
Net Income:
$12.88 billion
Founded:
1938
  • Dec 29 at 5:30 PM
    Wishing you all a very happy, safe, and prosperous New Year! Our offices will be closed on Jan. 1 for New Year, with these exceptions: Capital Markets: Closing at 2 p.m. EST today and closed Monday, Jan. 1. Reopening on Tuesday, Jan. 2. Tech Support Center: Closed Monday, Jan. 1 and will reopen 8 a.m. EST Tuesday, Jan. 2.
  • Dec 29 at 0:51 PM
    You can help us solve Americas affordable housing crisis. Take The Challenge: http://bit.ly/2lphK8M
  • Dec 28 at 9:06 PM
  • Dec 26 at 2:44 PM
    Facing increased competition and shrinking refinance volume, lenders are reporting a negative profit margin outlook heading into 2018. Read more in our Q4 Mortgage Lender Sentiment Survey results. http://www.fanniemae.com/portal/research-insights/surveys/mortgage-lender-sentiment-survey.html?utm_source=email&utm_medium=mediadist&utm_campaign=mlss122617

Dec 29, 5:30 PM

Wishing you all a very happy, safe, and prosperous New Year! Our offices will be closed on Jan. 1 for New Year, with these exceptions: Capital Markets: Closing at 2 p.m. EST today and closed Monday, Jan. 1. Reopening on Tuesday, Jan. 2. Tech Support Center: Closed Monday, Jan. 1 and will reopen 8 a.m. EST Tuesday, Jan. 2.

Dec 29, 0:51 PM

You can help us solve Americas affordable housing crisis. Take The Challenge: http://bit.ly/2lphK8M

Dec 28, 9:06 PM

Dec 26, 2:44 PM

Facing increased competition and shrinking refinance volume, lenders are reporting a negative profit margin outlook heading into 2018. Read more in our Q4 Mortgage Lender Sentiment Survey results. http://www.fanniemae.com/portal/research-insights/surveys/mortgage-lender-sentiment-survey.html?utm_source=email&utm_medium=mediadist&utm_campaign=mlss122617

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