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Fannie Mae

Published by: SGA Lists

Published: Oct. 1, 2009 - 5 Pages


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Abstract

Fannie Mae is a shareholder-owned company with a public mission. The Company exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America`s secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. In 2008, we mark our 70th year of service to America`s housing market. Their job is to help those who house America.

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