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Fannie Mae is a government-sponsored enterprise that provides liquidity and stability to the U.S. housing market by purchasing and securitizing residential mortgage loans. It issues guaranteed mortgage-backed securities for both single-family and multifamily markets, primarily serving lenders, investors, and housing agencies. Its core value lies in managing credit risk, supporting affordable housing, and maintaining a dominant market share in mortgage finance.
This description was generated via AI from an annual report. Updated about 1 year ago.