“ FHFA Directs Delisting of Fannie Mae and Freddie Mac Stock From New York Stock Exchange.”Ĭongressional Research Service. “ Fannie Mae and Freddie Mac: Analysis of Options for Revising the Housing Enterprises’ Long-term Structures,”. ' Fannie Mae, Form 10-K Annual Report, for the Fiscal Year Ended December 31, 2021,”. ' Fannie Mae, Form 10-K Annual Report, for the Fiscal Year Ended December 31, 2020,” Pages 80-82. ' Fannie Mae, Form 10-K Annual Report, for the Fiscal Year Ended December 31, 2020,” Pages 6-9. ' Mortgage-Backed Securities and Collateralized Mortgage Obligations.'

' Federal Home Loan Mortgage Corporation,'. ' Federal National Mortgage Association Charter Act,'. The other is its sibling Freddie Mac, or the Federal Home Loan Mortgage Corporation, which is also a GSE chartered by Congress.įederal Housing Finance Agency. It is one of two large purchasers of mortgages in the secondary market. Instead, it keeps funds flowing to lenders by purchasing or guaranteeing mortgages issued by credit unions, banks, thrifts, and other financial institutions. Fannie Mae and Freddie Mac nearly collapsed amid the 2008 financial crisis, but were bailed out and placed into government conservatorship eventually, they paid back the billions of dollars that they had received to survive.Īs a secondary mortgage market participant, Fannie Mae does not originate mortgage loans.By investing in mortgages, Fannie Mae creates more liquidity for lenders, including banks, thrifts, and credit unions, which then allows them to underwrite or fund more mortgages.Fannie Mae doesn’t originate or give out mortgages to homeowners looking for funding, but it does buy and guarantee mortgages through the secondary mortgage market.

Fannie Mae is a government-sponsored enterprise (GSE) created by Congress.

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