Fannie Mae

Fannie Mae

Purchases mortgages, issues mortgage-backed securities

Overview

Fannie Mae buys mortgages from lenders, holds some, and packages others into mortgage-backed securities (MBS) sold to investors to provide liquidity for new lending. It operates in the secondary mortgage market, where originated loans are sold to Fannie Mae, then either held or securitized into MBS and sold; it earns fees for guaranteeing timely payments and interest on held mortgages. It differentiates itself as a government-sponsored enterprise (GSE) with a long-standing role in promoting affordable housing and community initiatives. Its goal is to maintain stable, affordable access to housing by ensuring lenders have funds to offer mortgages and by securitizing debt to support the U.S. housing finance system.

About Fannie Mae

Simplify's Rating
Why Fannie Mae is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Government & Public Sector

Financial Services

Real Estate

Company Size

10,001+

Company Stage

IPO

Headquarters

Washington DC, District of Columbia

Founded

1938

Get referred to Fannie Mae

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 net income hit $4.0 billion; net worth reached $116.5 billion.
  • Single-family serious delinquency stayed 0.58% in June 2026, historically low.
  • FHFA’s June 2026 crypto-reserve directive expands potential borrower eligibility and volume.

What critics are saying

  • Multifamily provision for credit losses rose to $259 million in Q2 2026.
  • Shareholder litigation over the 2012 sweep keeps ownership uncertainty alive in 2026.
  • Washington’s 2026 policy directives still weaponize Fannie for noncommercial housing goals.

What makes Fannie Mae unique

  • Fannie Mae’s $4.1 trillion guaranty book anchors U.S. mortgage liquidity.
  • FHFA conservatorship gives it unmatched policy reach over underwriting and market access.
  • CRT, DUS, and MBS infrastructure transfers mortgage risk to private investors.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$4.3B

Above

Industry Average

Funded Over

6 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Company News

Hurricane Payments
Aug 12th, 2026
M&T Bank appoints Fannie Mae veteran Kalyana Bedhu as AI engineering head.

M&T Bank appoints Fannie Mae veteran Kalyana Bedhu as AI engineering head. Buffalo, New York-headquartered M&T Bank has appointed Fannie Mae veteran Kalyana Bedhu as the bank's new head of artificial intelligence (AI) engineering, M&T Bank Chief Information Officer Linda Tai said in a Tuesday (Aug. 11) post on LinkedIn. "He will lead the engineering, platforms, architecture and governance capabilities that enable AI innovation and adoption across the bank," Tai said in the post. Bedhu was most recently with Fannie Mae, where he served as AI/ML (machine learning) leader and accelerated model transformation with AI/ML and generative AI, according to his LinkedIn profile. At Fannie Mae, Bedhu scaled enterprise AI capabilities in a highly regulated environment, Tai said in her post. Before joining Fannie Mae, Bedhu served as engineering leader, AI/ML at Microsoft, and held three positions at Ericsson, most recently head of artificial intelligence, per the profile. Bedhu said in a Tuesday post on LinkedIn: "Excited to join a team with a strong legacy, firing on all cylinders to modernize and build what's next. Looking forward to learning from the team, contributing to the journey and helping turn the possibilities of AI into meaningful impact for M&T and our customers." M&T Bank provides a branch and ATM network that spans the eastern United States from Maine to Virginia and Washington, D.C. In addition, M&T Bank and Wilmington Trust-affiliated companies provide trust-related services in select markets in the U.S. and abroad, according to a July 15 press release. M&T Bank employs 2,000 technologists across more than 300 teams and spent over $1.2 billion on technology in 2025, M&T Bank Chairman and CEO René Jones wrote in an annual message to shareholders that was released in March. "Our focus remains on developing talent and strengthening reliability, availability, resiliency and agility," Jones said in the message, speaking of what he called the bank's technology transformation. "Our strength comes from the expertise of our people and the disciplined way we leverage technology to deliver great banking fundamentals." The PYMNTS Intelligence report "Financial Services Pulls Ahead in the Enterprise AI Race" found that the financial services sector has deeply embedded AI into tasks such as revenue recognition, credit scoring and sales forecasting.

CODE MEDIA GROUP, LLC
Aug 5th, 2026
Movers and shakers for august.

Movers and shakers for august. DERRICK D'MAR MARTIN Derrick "D'MAR" Martin is an award-winning drummer, recording artist, producer, songwriter, entrepreneur, and motivational speaker with more than 30 years of professional experience. In 2026, he was honored as the Blues Music Awards' Drummer of the Year, recognizing his exceptional musicianship and dynamic performances. D'MAR spent 17 years touring the world with rock-and-roll pioneer Little Richard, earning a reputation as one of the industry's most accomplished drummers. He has also recorded and performed with acclaimed artists including Carla Thomas, Wendy Moten, Syl Johnson, Maria Muldaur, Denise LaSalle, and Dorothy Moore. As a recording artist, D'MAR recently released his 11th album, Levels, showcasing his signature blend of soul, funk, jazz, and R&B. He currently serves as drummer for the award-winning Rick Estrin & The Nightcats and continues to inspire audiences worldwide through performance, recording, education, and entrepreneurship. Joel Acie is a dedicated DEI leader with 20+ years of experience. He is Principal of Bailey King Consulting LLC, providing Governance, Risk & Compliance advisory, enterprise/program management and Chief of Staff-style services, and supplier diversity and procurement consulting to organizations navigating complex regulatory and business environments. Most recently, Joel served as DEI Strategic Planning and Oversight Principal at Fannie Mae, partnering with enterprise leaders to refine DEI strategies, conduct SWOT analyses, maintain risk-appropriate governance, and advise on policies to strengthen decision-making and regulatory alignment. He also served as Deputy Chief Diversity and Inclusion Officer at the Federal Home Loan Bank of Pittsburgh (2018-2025), overseeing inclusion programs and managing the annual FHFA exam, internal audits, and risk assessments related to D&I. From 2013 to 2018, he was Manager of Supplier Diversity at UPMC, building its supplier diversity program and overseeing government contracting for its Insurance Services Division. Joel began his career at Highmark Inc., advancing through roles in diversity program analysis, organizational effectiveness, and procurement diversity consulting. Acie also advised Pennsylvania Governor Tom Wolf's Advisory Council for Diversity, Inclusion, and Small Business Opportunities, co-authoring a report that spurred statewide supplier diversity reforms. MICHAEL PARKS Michael Parks is an Enhanced Building Substitute and a dedicated educator with 27 years of experience serving students and families in the Cleveland Metropolitan School District. Having served as an administrator for eight years and as a classroom instructor for nineteen years, Michael understands the challenges, responsibilities, and rewards of working in education. Guided by the belief that every child deserves an exceptional education, he has dedicated his career to creating learning environments where students are challenged, supported, and inspired to lead. Parks has focused on developing and implementing innovative approaches that promote high expectations, academic achievement, character development, and leadership among young men and women. He also recognizes that educators need the tools, professional support, and opportunities necessary to do their jobs effectively and positively impact student success. Serving as CTU Member-at-Large (K-8) and Chair of the Community Relations Committee, Michael works to strengthen partnerships among educators, families, community organizations, and civic leaders. He believes that meaningful collaboration is essential to advocating for public education, supporting educators, and ensuring that every student and family has the resources they need to succeed. Parks also coordinates the Side-by-Side Program, fostering a meaningful partnership with the Cleveland Public Library that connects students, families, schools, and the community to strengthen student outcomes. 2026-08-05

HousingWire
Jul 29th, 2026
Fannie Mae Q2 net income hits $4B.

Fannie Mae Q2 net income hits $4B. The GSE's net worth reached $116.5B as revenue rose 4% from Q1 2026 Article Summary. Fannie Mae said Q2 2026 net income rose to $4B as higher net interest income and deferred guaranty fee income lifted revenue 4% to $7.6B. Credit loss provision increased to $485M, with multifamily pressure tied to weaker valuations and delinquencies. AI Summary Fannie Mae reported $4 billion in net income during the second quarter of 2026, a 7% increase from the prior quarter and a 20% increase from a year earlier, as higher revenue offset an increase in its provision for credit losses. The government-sponsored enterprise said in its Wednesday morning earnings call that net income rose from $3.7 billion in the first quarter and $3.3 billion in the second quarter of 2025. Net worth increased to $116.5 billion as of June 30, up from $112.7 billion at the end of the first quarter. Bill Pulte, director of the Federal Housing Finance Agency (FHFA) and chairman of Fannie Mae's board, said that the GSE's continued net worth and earnings report "shows the company's continued stability and growth, all while reaching $3 billion in estimated homeowner savings since 2018 through innovative appraisal alternatives." $33.25 /mo bill annually * Unlimited access to HousingWire.com * Exclusive research and housing market data * Subscriber-only newsletters and early access Read one free article now

The Bee
Jul 29th, 2026
Fannie Mae reports net income of $4.0 billion for Second Quarter 2026.

Fannie Mae reports net income of $4.0 billion for Second Quarter 2026. PR Newswire Today at 4:32am PDT Company Will Host Webcast at 8 A.M. Eastern to Discuss Results WASHINGTON, July 29, 2026 /PRNewswire/ - Fannie Mae (OTCQB: FNMA) today reported its second quarter 2026 financial results and filed its Second Quarter 2026 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended June 30, 2026. The following documents are now available on Fannie Mae's financial results webpage at fanniemae.com/financialresults. Fannie Mae has scheduled a webcast to discuss the company's results today at 8:00 a.m., ET. Participants may join the webcast via the link below. Following the webcast, a transcript will be published to Fannie Mae's financial results webpage and will remain available for at least one year. Click on the link above to attend the presentation from your laptop, tablet, or mobile device. The webcast will stream through your selected device. If you have difficulty accessing the webcast, please click the "Listen by Phone" button on the webcast player and dial the number provided. SOURCE Fannie Mae This is a paid placement. For further inquiries, please contact PR Newswire directly.

Yahoo Finance
Jul 23rd, 2026
Fannie Mae delinquency rate drops to 0.47%, strengthening mortgage credit narrative

Fannie Mae's securitised agency delinquency rates fell to 0.47% in May, signalling improved credit performance across the government-backed mortgage market. The decline supports the investment narrative around earnings resilience for the company, which manages a $4.1 trillion guaranty book. The improved delinquency metrics come alongside Fannie Mae's ongoing Credit Risk Transfer activity, including February 2026 fixed-price tender offers. These transactions affect how much risk remains on Fannie Mae's balance sheet versus being shared with investors. However, investors face ongoing concerns about concentrated multifamily credit stress and higher capital requirements. Analysts project the company could reach $33 billion in revenue by 2029, though earnings trends remain uncertain. The delinquency improvement may prompt investors to reassess competing narratives about Fannie Mae's growth prospects.

Recently Posted Jobs

Sign up to get curated job recommendations

Fannie Mae is Hiring for 174 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →