Fannie Mae is a government-sponsored enterprise chartered to incite homeownership and provide liquidity to the mortgage market. It is a leading source of financing for mortgage lenders, granting them access to affordable mortgage financing in all markets. Fannie Mae neither originate mortgage loans nor lend money directly to borrowers. It mortgages from lenders and helps facilitate the flow of capital into the housing market by issuing and guaranteeing mortgage-related securities.
WHAT FANNIE MAE DOES