About Us
Fannie Mae (Federal National Mortgage Association) is a government-sponsored enterprise that provides liquidity and stability to the U.S. housing finance system by purchasing mortgages in the secondary market. Founded in 1938, the organization operates under the conservatorship of the Federal Housing Finance Agency (FHFA) and does not lend directly to consumers.
Fannie Mae plays a central role in supporting affordable housing across single-family and multifamily markets, including workforce housing and properties financed with Section 8 contracts or Low-Income Housing Tax Credits (LIHTC). In 2024, the organization provided approximately $381 billion in liquidity, supporting 1.4 million home purchases, refinancings, and rental units nationwide.
Through standardized underwriting, capital markets access, and dedicated affordable housing programs, Fannie Mae helps ensure a consistent flow of mortgage credit for lenders, renters, and homebuyers across the country.