 Fannie Mae exists to serve America’s families and the housing market – and we’ve done so for more than 70 years. We are deeply committed to our mission: ensuring that working families have access to mortgage credit to buy homes they can afford over the long term or that they can secure quality rental housing.
Fannie Mae is a government-sponsored enterprise chartered by Congress to keep money flowing to mortgage lenders, to help strengthen the U.S. housing and mortgage markets, and to support affordable homeownership. We are a national mortgage finance company, but we don’t offer home loans. We stand behind mortgage lenders – local and national banks, thrifts, credit unions, and other financial institutions in all 50 states – to securitize or buy the mortgage loans they originate, enabling them to replenish their funds so they can lend to other homeowners. Similarly, we work to keep funds flowing to support affordable rental housing.
We’re also focused on helping struggling families. By working with our partners, we’re helping families prevent foreclosure and keep their homes whenever possible. When foreclosure is unavoidable, we work to sell homes quickly at or near market value to people who will live in those homes. That helps to stabilize neighborhoods and home values.
We are committed to creating long-term value to help build a strong, sustainable housing market for the future. Our mission has never been more critical than it is today. |
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