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Fannie Mae - logo

Fannie Mae is a government-sponsored enterprise that buys and holds mortgages, and issues and sells guaranteed mortgage-backed securities to facilitate housing ownership for low to middle-income Americans. Also known as the Federal National Mortgage Association, Fannie Mae was founded in 1938, currently employs over 7,000 workers and its headquarters are based in Washington. Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac.

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