Fannie Mae is a finance company focusing on mortgage-backed securities, affordable housing, and sustainable homeownership. Founded as a government-sponsored enterprise in 1938, Fannie Mae transitioned to a publicly traded company in 1968. Headquartered in Washington, DC, the company is led by CEO Hugh Frater and has an annual revenue of $21.9 billion.
With a diverse workforce of 7,500 employees, Fannie Mae is known for its commitment to financial inclusion and fostering diverse talent within the industry. The company's operations primarily revolve around providing liquidity to the mortgage market, enabling lenders to offer affordable mortgage financing options to homebuyers. As a major player in the finance industry, Fannie Mae is dedicated to strengthening communities by making homeownership accessible to more people across the United States.