Fannie Mae

As America’s largest source of residential mortgage funds, Fannie Mae is a Fortune 20 company with approximately $51 billion in revenues generated by only about 5,100 employees. Fannie Mae is a congressionally chartered and shareholder-owned company (NYSE: FNM) that provides liquidity in the mortgage market by purchasing mortgage loans from lenders, thus replenishing their funds for additional lending. The corporation acquires funds to purchase loans from international and domestic capital markets investors, thereby expanding the total amount of funds available for housing in the United States. As a private company since 1968, Fannie Mae has provided over $4 trillion to finance homes for 47 million American families. Fannie Mae has grown to become the second largest corporation in the United States, based on asset size, and the world's largest issuer and guarantor of mortgage-backed securities. Through our American Dream Commitment, Fannie Mae has pledged to provide $2 trillion in flexible, affordable financing for 18 million families who historically have been underserved in housing finance – including $420 billion for more than 3 million minority households. Our strategy for reaching this goal is to develop visionary mortgage products that serve a diverse and growing market, and cutting-edge technologies that reduce the costs and increase the efficiency of the housing finance process. Fannie Mae is a mission-driven company that is singularly committed to finding new and improved ways to make the American dream of homeownership a reality for as many people as possible. Fannie Mae employees are encouraged to continually pursue discoveries that accomplish this goal.