Fannie Mae, officially known as the Federal National Mortgage Association, is a government-sponsored enterprise that plays a significant role in the United States housing market. It works to provide liquidity and stability to the mortgage market by purchasing and securitizing mortgages.
Headquartered in Washington, DC, Fannie Mae works with lenders to help make homeownership more accessible for Americans by providing funding for mortgage loans. The organization's mission is to support affordable housing and promote a stable and sustainable housing finance system.
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