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Federal National Mortgage Association
#25 Fortune 1000 Revenue Rank | Website
Overview
Fannie Mae
The Federal National Mortgage Association, better known as Fannie Mae, is a government-sponsored enterprise (GSE) that provides liquidity and stability to the US residential mortgage market and expands access to affordable mortgage credit. The company's revenues are primarily driven by guaranty fees that the company receives for assuming the credit risk on loans underlying the mortgage-backed securities it issues. It does not originate loans or lend ...
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money directly to borrowers. Rather, it primarily works with lenders who originate loans to borrowers. Through its Single-Family and Multifamily business segments, Fannie Mae provided over approximately $381 billion in liquidity to the mortgage market, which enabled the financing of approximately 1.5 million home purchases, refinancing, or rental units. Fannie Mae was founded in 1938 by the US Government.
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# 25  Fortune 1000 Revenue Rank
Priscilla Almodovar   See more contacts
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Modelled

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Actual
$152.67 billion
Actual
1.83% -2.47% $4.35 million DEC
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OTC:FNMA
Contacts
Get in Touch with 7 Principals* and 3,382 Contacts
  • Priscilla Almodovar
    President and Chief Executive Officer
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$152.67 billion USD
Actual
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