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Fannie Mae / FAQs

What is Fannie Mae?

Fannie Mae (the Federal National Mortgage Association) is a government-sponsored enterprise (GSE) that was created in 1938 to support the housing market by buying mortgages from lenders and repackaging them as securities for investors. Fannie Mae also provides banks, credit unions, and other mortgage companies with the funds they need to lend to home buyers. The goal of Fannie Mae is to make mortgage financing more accessible and affordable.

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