Federal National Mortgage Association
Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise (GSE) to provide liquidity, stability and affordability to the US housing and mortgage markets. Fannie Mae principally purchases mortgage loans and mortgage-related securities for its mortgage portfolio. The company provides home loans to consumer through mortgage bankers, brokers and other primary mortgage market partners. The company funds its mortgage investments primarily by issuing debt securities in the domestic and international capital markets. Fannie Mae principally categorizes its operations into three business segments namely Single-Family Credit Guaranty, Multifamily, and Capital Markets. The company offers its products and services to banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, and state and local housing finance agencies. Fannie Mae is headquartered in Washington DC, the US.