Fannie Mae

The Federal National Mortgage Association, commonly known as Fannie Mae, is a United States government-sponsored enterprise and, since 1968, a publicly traded company.

Federal National Mortgage Association is a government-sponsored company, which engages in the provision of access to affordable mortgage credit and indirectly enables families to buy, refinance or rent homes. It operates through the following segments: Single-Family Credit Guaranty, Multifamily, and Capital Markets. The Single-Family segment involves in the guaranty fees on the mortgage loans underlying guaranteed single-family Fannie Mae mortgage-backed securities. The Multifamily segment includes guaranty fees on the mortgage and on the multifamily mortgage loans. The Capital Markets segment offers mortgage loans, mortgage-related securities, and investments. The company was founded in 1938 and is headquartered in Washington, DC.