Skip to Content

Fannie Mae

Fannie Mae is a government-sponsored housing corporation created during the Great Depression. The company’s business is dedicated primarily to creating opportunities for affordable single-family and multifamily housing for millions of Americans. To do so, Fannie Mae expands access to affordable mortgages and is responsible for financing roughly one in four single-family mortgages in the U.S. During the Great Recession in 2008, the company, along with Freddie Mac, was placed under conservatorship by the Federal Housing Finance Agency (FHFA) as a means to bail out the company during the country’s housing crisis. In April 2021, Fannie Mae predicted that in the aftermath of the coronavirus pandemic, the housing market is likely headed for another slowdown.
Andrew Harrer—Bloomberg via Getty Images
Lists ranking Fannie Mae
RANK62
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list
RANK25
Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list