Full-Time
Posted on 8/6/2024
Facilitates mortgage financing and liquidity
No salary listed
Senior, Expert
Plano, TX, USA
Flexible hybrid work model.
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Fannie Mae operates in the U.S. housing finance market, focusing on making housing more affordable for homeowners, homebuyers, and renters. The company achieves this by purchasing mortgages from lenders, which provides these lenders with the cash flow needed to offer more loans. Fannie Mae's business model involves buying mortgages from banks and financial institutions, which are either kept in its portfolio or packaged into mortgage-backed securities (MBS) that are sold to investors. This process helps to spread risk and inject capital back into the housing market, ensuring that lenders can continue to provide new mortgages. Fannie Mae generates revenue through fees for guaranteeing payments on MBS and from interest on its mortgage portfolio. The company aims to maintain the stability and affordability of the housing market while also engaging in community service and promoting diversity and inclusion within its workforce.
Company Size
10,001+
Company Stage
IPO
Headquarters
Washington DC, District of Columbia
Founded
1938
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