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The Federal National Mortgage Association (FNMA), colloquially known as Fannie Mae, is a Congressionally-chartered enterprise that acts as a major player in the mortgage industry. Fannie Mae does ...
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, [2] the corporation's purpose is to expand the secondary mortgage market by securitizing ...
Government-sponsored mortgage enterprise Fannie Mae has had an amazing year, with its stock having soared 990% so far in 2013. As recently as February, most investors had given up Fannie Mae and ...
Website. www.freddiemac.com. Footnotes / references[ 1 ][ 2 ] The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [ 3 ][ 4 ] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US.
Fannie Mae's Reston, Virginia, facility. The GSE business model has outperformed any other real estate business throughout its existence. According to the Annual Report to Congress, [13] filed by the Federal Housing Finance Agency, over a span of 37 years, from 1971 through 2007, Fannie Mae's average annual loss rate on its mortgage book was about four basis points.
2100 Pennsylvania Ave NW Ste 450N, Washington, D.C. , United States of America. Website. www.farmermac.com. The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, publicly traded company that was chartered by the United States federal government in 1988 to serve as a secondary market in agricultural ...
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