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  2. Fannie Mae - Wikipedia

    en.wikipedia.org/wiki/Fannie_Mae

    Fannie Mae. The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, [2] the corporation's purpose is to expand the secondary mortgage market by ...

  3. What is Fannie Mae? All about America’s big mortgage ... - AOL

    www.aol.com/finance/fannie-mae-america-big...

    Fannie Mae, officially the Federal National Mortgage Association (FNMA), is a government-sponsored enterprise that maintains liquidity in the mortgage market by buying loans from banks and ...

  4. Federal takeover of Fannie Mae and Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Federal_takeover_of_Fannie...

    Fannie Mae's former headquarters at 3900 Wisconsin Avenue, NW in Washington, D.C. In September 2008, the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Both government-sponsored enterprises, which finance ...

  5. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    The Government National Mortgage Association (GNMA), or Ginnie Mae, is a government-owned corporation of the United States Federal Government within the Department of Housing and Urban Development (HUD). [1] It was founded in 1968 and works to expand affordable housing by guaranteeing housing loans (mortgages) thereby lowering financing costs ...

  6. Fannie Mae vs. Freddie Mac: What’s the difference? - AOL

    www.aol.com/finance/fannie-mae-vs-freddie-mac...

    Fannie Mae was established with the intended purpose of creating a more reliable source of accessible funding for banks and mortgage companies. This, in turn, opened the door to more widely ...

  7. Flex Modification Program (FMP): Everything you need to know

    www.aol.com/finance/flex-modification-program...

    For starters, Fannie Mae or Freddie Mac must own your loan, which means it must be a conventional loan. If you have a government-backed loan like an FHA, VA or USDA loan, those programs have ...

  8. Fannie Mae quietly scrapped a program that could have saved ...

    www.aol.com/finance/fannie-mae-quietly-scrapped...

    Fannie Mae has quietly scrapped a plan that could have saved Americans thousands of dollars in housing costs, according to multiple reports. With the objective of making housing more affordable ...

  9. Government-sponsored enterprise - Wikipedia

    en.wikipedia.org/wiki/Government-sponsored...

    This perception has allowed Fannie Mae and Freddie Mac to save an estimated $2 billion per year in borrowing costs. [10] This implicit guarantee was tested by the subprime mortgage crisis, which caused the U.S. government to bail out and put into conservatorship Fannie Mae and Freddie Mac in September, 2008.

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