Fannie Mae
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. It founded in 1938 during the Great Depression as part of the New Deal.[1]
Its sister organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. As of 2018, Fannie Mae is ranked number 21 on the Fortune 500 rankings of the largest United States corporations by total revenue.[2]
Fannie Mae Media
A view of Fannie Mae's Reston Town Center office building, 2000 Opportunity Way
Fannie Mae's former headquarters at 3900 Wisconsin Avenue NW in Washington, D.C.
Franklin Raines earned $90 million in salary and bonuses while he was head of Fannie Mae.
Fannie Mae total assets
Largest companies in the US by total assets
References
- ↑ Pickert, Kate (July 14, 2008). "A Brief History of Fannie Mae and Freddie Mac". Time. http://www.time.com/time/business/article/0,8599,1822766,00.html. Retrieved October 20, 2020.
- ↑ "Fortune 500 Companies 2018: Who Made the List". Fortune. Archived from the original on 2019-01-15. Retrieved 2018-11-09.
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