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Company Profile
- Fannie Mae
- Country : United States
- City: Washington
- State: District Of Columbia - DC
- Address: 3900 Wisconsin Ave. NW
- Zipcode: 20016-2892
- Category: Fortune 500 Companies
- Description: Fannie Mae may be holding your mortgage. The leading buyer of single-family home mortgages in the US, it is a public company whose existence is mandated by the US government. Fannie Mae provides liquidity in the mortgage market by buying mortgages from lenders and packaging them for resale, transferring risk from lenders and allowing them to offer mortgages to people who would not otherwise be considered. Fannie Mae also invests in mortgage-backed securities. The company enjoys the ability to borrow from the government at advantageous rates and is exempt from certain taxes; it also benefits from an implicit guarantee of federal support that makes its securities desirable.
- Products: Diversified Financials
- Employees: 4,500