Fannie Mae, formally known as the Federal National Mortgage Association, is a US government-sponsored enterprise (GSE). Its primary function is to buy mortgages from lenders, thus providing liquidity to the mortgage market and making homeownership more accessible. This activity significantly impacts the US housing finance system.
Finance
1938
Washington, D.C., United States
7,000
$105,000
$60,000 - $200,000
4.0
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