Home Mortgage
 

For most of us, a home is more than simple shelter or a good investment. A home of our own is a dream come true and symbolizes who we are.

At Fannie Mae, the home symbolizes who we are, too. Our public mission, and our defining goal, is to help more families achieve the American Dream of homeownership.

We do that by providing financial products and services that make it possible for low-, moderate-, and middle-income families to buy homes of their own. Since Fannie Mae began in 1968, we have helped more than 63 million families achieve the American Dream of homeownership.

In order to serve America and carry out our mission, we need to be a company that represents all Americans. We hold diversity and inclusion, among our workforce and those we work with, as one of our highest values. Through our recruiting practices, we ensure the people who work hard everyday to help more Americans achieve homeownership represent a broad mosaic of the population we serve.

More Americans own homes today than at any other time in history. Fannie Mae is working to expand homeownership opportunities by joining with lenders and community partners to create products and technologies to reach underserved communities so that more people can own their own homes.

Fannie Mae is a private, shareholder-owned company that works to make sure mortgage money is available for people in communities all across America. We do not lend money directly to home buyers. Instead, we work with lenders to make sure they don't run out of mortgage funds, so more people can achieve their goal of homeownership...

Fannie Mae stock (FNM) is actively traded on the New York Stock Exchange and other exchanges and is part of the Standard & Poor's 500 Composite Stock Price Index.

In 1938, the Federal government established Fannie Mae to expand the flow of mortgage money by creating a secondary market. Fannie Mae was authorized to buy Federal Housing Administration (FHA)-insured mortgages, thereby replenishing the supply of lendable money.

In 1968, Fannie Mae became a private company operating with private capital on a self-sustaining basis. Its role was expanded to buy mortgages beyond traditional government loan limits, reaching out to a broader cross-section of Americans.

Today, Fannie Mae operates under a congressional charter that directs us to channel our efforts into increasing the availability and affordability of homeownership for low-, moderate-, and middle-income Americans. Yet Fannie Mae receives no government funding or backing, and we are one of the nation's largest taxpayers.

The following core commitments are essential to Fannie Mae's success:

  • Housing Leadership: Serving as a leader in breaking down barriers to affordable housing and homeownership
  • Financial Strength: Continually strengthening our commitment to home buyers and investors alike
  • Teamwork: Working together to produce high-quality results, while maximizing our intellectual capacity
  • Diversity: Fostering a diverse workforce that recognizes and values every individual's unique skills and perspectives
  • Innovation and Corporate Renewal: Challenging comfortable methods and seeking new approaches to our business to achieve positive results
  • Employee Development: Supporting the career and job development of our employees
  • Reward and Recognition: Recognizing and rewarding individual and team contributions to our success
  • Customer Service: Striving to provide the best possible service to both external and internal customers

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