Fnma Finance
Fannie Mae: Supporting Homeownership
Fannie Mae, officially the Federal National Mortgage Association (FNMA), plays a crucial role in the U.S. housing market. It’s a government-sponsored enterprise (GSE) with the mission of increasing the availability and affordability of homeownership for low-, moderate-, and middle-income Americans. It accomplishes this primarily by purchasing mortgages from lenders and securitizing them into mortgage-backed securities (MBS) that are sold to investors on the secondary market.