Fannie Mae Foundation Company Profile

Aggregated data from the web about Fannie Mae Foundation

Company Name	Fannie Mae Foundation
Website	www.fanniemae.com
Snippet	The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal,[2] the corporation's purpose is to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-backed securities (MBS),[3] allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts").[4] Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac.
Type	Government-sponsored enterprise and public company
Founded	1938
Revenue	US$ 109.86 billion (2017)
Website	www.fanniemae.com
Industry	Financial services
Products	Diversified investments
Traded as	OTCQB: FNMA
Key people	Egbert L. J. Perry(Chairman of the Board)Timothy J. Mayopoulos(President & CEO)David C. Benson(Vice President & CFO)
Net income	US$ 2.46 billion (2017)
Headquarters	Washington, D.C., U.S.
Total assets	US$ 3.35 trillion (2017)
Total equity	US$ -3.69 billion (2017)
Number of employees	~7,200 (2017)

Fannie Mae Foundation is part of the United States company list

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