- CEO
- Peter Akwaboah
- Full Time Employees
- 7,000
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- Midtown Center Washington DC United States of America 20005
- IPO Date
- Jan 8, 2021
- Business
- Federal National Mortgage Association (Fannie Mae) is a U.S. government-sponsored enterprise operating primarily in the housing finance sector, focused on increasing access to long-term homeownership and affordable rental housing. It provides liquidity to the mortgage market by acquiring and securitizing single-family and multifamily mortgage loans, facilitating 30-year fixed-rate mortgages, and offering a range of mortgage products including the HomeReady program for low-income and first-time buyers, and HFA Preferred loans through partnerships with state Housing Finance Agencies. Fannie Mae also provides mortgage servicing oversight, credit risk management solutions, and consumer counseling services to support homeowners facing financial difficulties. Founded in 1938 and headquartered in Washington, D.C., Fannie Mae operates across the United States, providing capital markets access for lenders and affordable housing opportunities for consumers. The company securitizes mortgage loans into mortgage-backed securities (MBS) that it sells to investors, thereby ensuring liquidity and stability in the housing finance market. In recent developments, Fannie Mae has increased its conforming loan limits in response to rising home prices, supports a focus on mission-driven affordable housing with significant multifamily loan caps set for 2024, and continues to innovate with new underwriting technologies to enhance access for creditworthy borrowers, including those with gig economy income or consistent rent payments. The company reported strong third-quarter 2025 financial performance with net income of $3.9 billion and a substantial increase in single-family loan acquisitions, while also advancing its strategic initiatives to support affordable housing finance and expand its multifamily mortgage business under regulatory mandates. Fannie Mae also engages in social bond issuances exceeding billions of dollars to promote affordable housing solutions and has entered into strategic partnerships and refinements in product offerings to better serve underserved markets and enhance the fairness of mortgage underwriting.