Mortgage-backed security
Videos
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
Single-family home mortgage-backed security issuance, 2003–2017
Vereinigte Ostindische Compagnie bond Middelburg Amsterdam 1622
Mortgage backed security
Fannie Mae
Videos
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
Mortgage-backed security
…the original "face" that remains to be repaid. In the United States, MBSs may be issued by structures set up by government-sponsored enterprises like Fannie Mae or Freddie Mac, or they can be "private-label", issued by structures set up by investment banks. The process of securitization is complex and depends…
Fannie Mae's headquarters in Washington, D.C.
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.
Franklin Raines earned $90 million in salary and bonuses while he was head of Fannie Mae.