First established in 1938 as a government agency, Fannie Mae in 1968 became a private, shareholder-owned company with a charter from Congress requiring the company to support the housing finance system. It is a financial services company serving the American home mortgage industry. The company offers banks and other mortgage lenders financing, credit guarantees, technology and services so lenders can make more home loans to more consumers. Fannie Mae's stock is listed on the New York Stock Exchange (FNM/NYSE).

Last Revised: July 07, 2006