The Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that was formed during the Great Depression as part of President Franklin D. Roosevelt’s New Deal. Its purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS). In the wake of the 2008 financial crisis, the Federal Housing Finance Agency (FHFA) placed Fannie Mae and Freddie Mac under the conservatorship of the federal government, where it remains today.
Originally founded in 1938, Fannie Mae is based in Washington, D.C.
Latest Fannie Mae News
FHFA releases VantageScore historic data to prepare for new credit reporting requirements
Jul 11, 2024Despite concerns from industry trade groups, the FHFA on Wednesday announced the release of VantageScore 4.0 historic credit data, a step that is designed to ease the transition to new credit reporting requirements by the end of next year.
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Restoration of historic Frank Lloyd Wright home complicated by reverse mortgage
Jul 08, 2024 -
CFPB fair lending head to depart for Fannie Mae
Jul 02, 2024 -
Don’t expect a ‘ramp up’: Fannie Mae trims estimates for home sales, origination volume
Jun 21, 2024 -
FHFA seeks public comment on GSEs’ underserved markets plans
Jun 12, 2024 -
Originations forecast through 2026 ‘dampened’ by inflation, GDP and labor market growth
Jun 12, 2024 -
86% of consumers say it’s a bad time to buy a house: Fannie Mae
Jun 07, 2024 -
Fannie Mae’s Doug Duncan on Fed ‘overcommunication,’ ‘dormant’ lenders and second mortgages
Jun 06, 2024 -
Analysis: Loan repurchase patterns at Fannie, Freddie are divergent
Jun 05, 2024 -
GSEs update Flex Modification program, target 20% P&I reduction
May 29, 2024
Fannie MaeContent
What’s new in QC and Compliance
Jun 11, 2024 9:43 amIn a market where every dollar counts, quality control and compliance have never been more critical. Trevor Gauthier, CEO of ACES Quality Management, shares key updates on how lenders are managing loan quality and adapting to recent regulatory changes.
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Time is up: Are you ready for Fannie Mae’s new prefund QC requirements?
Aug 15, 2023 10:18 am -
How Fannie Mae is creating new opportunities for homeownership
May 23, 2022 6:36 pm -
How Fannie Mae is leveraging technology to expand access to homeownership
Nov 18, 2021 4:28 pm -
How borrower education can make housing more attainable
Mar 01, 2021 2:34 pm