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Fannie Mae
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The Federal National Mortgage Association, commonly known as Fannie Mae, is a United States government-sponsored enterprise that has been a publicly traded company since 1968. Founded in 1938 during t
Fannie Mae's headquarters in Washington, D.C.
Fannie Mae's headquarters in Washington, D.C.
A view of Fannie Mae's Reston Town Center office building, 2000 Opportunity Way
A view of Fannie Mae's Reston Town Center office building, 2000 Opportunity Way
Fannie Mae's former headquarters at 3900 Wisconsin Avenue NW in Washington, D.C.
Fannie Mae's former headquarters at 3900 Wisconsin Avenue NW in Washington, D.C.
Franklin Raines earned $90 million in salary and bonuses while he was head of Fannie Mae.
Franklin Raines earned $90 million in salary and bonuses while he was head of Fannie Mae.
Mortgage-backed security
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A mortgage-backed security is a type of asset-backed security which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals that securitize
Fannie Mae
…as part of the New Deal, the corporation was established to expand the secondary mortgage market. It does this by securitizing mortgage loans into mortgage-backed securities (MBS), which allows lenders to reinvest their assets into additional lending. This process effectively increases the number of mortgage lenders by…
Single-family home mortgage-backed security issuance, 2003–2017
Single-family home mortgage-backed security issuance, 2003–2017
Vereinigte Ostindische Compagnie bond Middelburg Amsterdam 1622
Vereinigte Ostindische Compagnie bond Middelburg Amsterdam 1622
Mortgage backed security
Mortgage backed security