The Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that was formed during the Great Depression as part of President Franklin D. Roosevelt’s New Deal. Its purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS). In the wake of the 2008 financial crisis, the Federal Housing Finance Agency (FHFA) placed Fannie Mae and Freddie Mac under the conservatorship of the federal government, where it remains today.
Originally founded in 1938, Fannie Mae is based in Washington, D.C.
Latest Fannie Mae News
Startup Novaprime debuts AI-powered loan platform to massively cut processing time
Oct 25, 2024Novaprime is making its public debut with the launch of an AI-powered loan platform that it says allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy.
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One mortgage lender abandons the Florida condo market
Oct 18, 2024 -
Mortgage rates could reach 5.7% next year, but will sellers give up their 3% rates?
Oct 17, 2024 -
Mortgage rates are back near 6.5%. Will they stay there?
Oct 16, 2024 -
Fannie Mae expands voucher program for multifamily landlords
Oct 15, 2024 -
Floify now competes directly with Equifax’s The Work Number
Oct 11, 2024 -
Former Fannie attorney Gina Hough joins Ballard Spahr
Oct 10, 2024 -
MBA, other stakeholders team up to address racial homeownership gap
Oct 07, 2024 -
Home purchase sentiment hits highest level in two years
Oct 07, 2024 -
More loan buybacks from Freddie Mac are raising eyebrows
Sep 23, 2024
Fannie MaeContent
What’s new in QC and Compliance
Jun 11, 2024 9:43 amIn a market where every dollar counts, quality control and compliance have never been more critical. Trevor Gauthier, CEO of ACES Quality Management, shares key updates on how lenders are managing loan quality and adapting to recent regulatory changes.
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Time is up: Are you ready for Fannie Mae’s new prefund QC requirements?
Aug 15, 2023 10:18 am -
How Fannie Mae is creating new opportunities for homeownership
May 23, 2022 6:36 pm -
How Fannie Mae is leveraging technology to expand access to homeownership
Nov 18, 2021 4:28 pm -
How borrower education can make housing more attainable
Mar 01, 2021 2:34 pm