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- Fannie Mae
Fannie Mae
Every day, our extraordinary talent works hard to create opportunities for people to buy, refinance, or rent a home. We provide a stable source of liquidity to support low- and moderate-income mortgage borrowers and renters by enabling greater access to affordable home and rental housing finance, in all markets and at all times.
Purpose
Fannie Mae has a vital role in the mortgage finance system. By purchasing mortgages from lenders, packaging acquired loans into mortgage-backed securities, and providing credit guarantees that attract investors to the U.S. secondary mortgage market, we help make sustainable mortgage financing accessible to more borrowers. Our financing solutions enable lenders to offer 30-year, fixed-rate mortgages, which provide homeowners stable, predictable mortgage payments over the life of their loans. We provided $369 billion in liquidity to the mortgage market in 2023, which enabled the financing of approximately 1.5 million home purchases, refinancings, and rental units.
Vision
We are committed to our leadership role within the housing finance industry. We work with many partners, including mortgage lenders and servicers, housing counselors, real estate agents, nonprofits, and other industry professionals to help people obtain a home and stay in that home when faced with hardship or disaster.
Mission
Working on behalf of homebuyers and renters, our mission is to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America. We continue to innovate and promote a stronger, safer, and more efficient housing finance system to support more opportunities for homebuyers and renters in communities throughout the nation.
Additional Culture Details
At Fannie Mae, our inclusive culture promotes innovation and new ideas in a mission-driven environment. We celebrate diversity of ideas and channel the power of our diverse workforce to achieve optimal results for the people we serve. The products, tools, programs, and homeownership and rental education resources our teams create help people secure affordable and stable housing.
Values
- Values
- At Fannie Mae, you’ll find a diverse, collaborative, and inclusive workforce that strives to make a difference in and out of the office. We value our people and the communities we serve, actively seeking new ways to develop our workforce and serve others. Together, we move Fannie Mae, and the mortgage finance industry forward.
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