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{{Organization
|OrganizationName=Fannie Mae
|OrganizationType=Government-Sponsored Enterprises (GSEs)
|Mission=To facilitate equitable and sustainable access to homeownership and quality, affordable rental housing across America by providing reliable, affordable mortgage financing. Fannie Mae supports liquidity, stability, and affordability in the mortgage market.
|CreationLegislation=National Housing Act of 1934 (as part of the New Deal)
|Employees=7400
|OrganizationExecutive=Chief Executive Officer
|Services=Mortgage-backed securities; Mortgage loan purchasing; Housing finance programs
|HeadquartersLocation=38.90452, -77.03498
|HeadquartersAddress=1100 15th Street NW, Washington, DC 20005
|Website=https://www.fanniemae.com
}}
{{Short description|Government-backed financial services company}}
{{Short description|Government-backed financial services company}}
{{Organization
 
|OrganizationName= Fannie Mae
|OrganizationType= Government-Sponsored Enterprises (GSEs)
|Mission= To facilitate equitable and sustainable access to homeownership and quality, affordable rental housing across America by providing reliable, affordable mortgage financing. Fannie Mae supports liquidity, stability, and affordability in the mortgage market.
|OrganizationExecutive= Chief Executive Officer
|Employees= 7400
|Budget=
|Website= https://www.fanniemae.com
|Services= Mortgage-backed securities; Mortgage loan purchasing; Housing finance programs
|ParentOrganization=
|CreationLegislation= National Housing Act of 1934 (as part of the New Deal)
|Regulations=
|HeadquartersLocation= 38.898003, -77.042167
|HeadquartersAddress= 1100 15th Street NW, Washington, DC 20005
}}
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]]. Founded in 1938 during the [[Great Depression]] as part of the [[New Deal]],<ref>{{Cite magazine| url=http://www.time.com/time/business/article/0,8599,1822766,00.html | archive-url=https://web.archive.org/web/20081006011833/http://www.time.com/time/business/article/0,8599,1822766,00.html  | archive-date=October 6, 2008 | magazine=[[Time (magazine)|Time]] | first=Kate | last=Pickert | title=A Brief History of Fannie Mae and Freddie Mac | date=July 14, 2008}}</ref> the corporation's purpose is to expand the [[secondary mortgage market]] by [[securitization|securitizing]] [[mortgage loans]] in the form of [[mortgage-backed security|mortgage-backed securities]] (MBS),<ref name="FNMA-About FNMA">
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]]. Founded in 1938 during the [[Great Depression]] as part of the [[New Deal]],<ref>{{Cite magazine| url=http://www.time.com/time/business/article/0,8599,1822766,00.html | archive-url=https://web.archive.org/web/20081006011833/http://www.time.com/time/business/article/0,8599,1822766,00.html  | archive-date=October 6, 2008 | magazine=[[Time (magazine)|Time]] | first=Kate | last=Pickert | title=A Brief History of Fannie Mae and Freddie Mac | date=July 14, 2008}}</ref> the corporation's purpose is to expand the [[secondary mortgage market]] by [[securitization|securitizing]] [[mortgage loans]] in the form of [[mortgage-backed security|mortgage-backed securities]] (MBS),<ref name="FNMA-About FNMA">
{{cite web
{{cite web
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===2013 allegations of kickbacks===
===2013 allegations of kickbacks===
On May 29, 2013, the ''[[Los Angeles Times]]'' reported that a former [[foreclosure]] specialist at Fannie Mae has been charged but pleaded "not guilty" to accepting a [[Kickback (bribery)|kickback]] from an Arizona [[real estate broker]] in a [[Ronald Reagan Federal Building and Courthouse (Santa Ana)|Santa Ana Federal court]]. Another lawsuit filed earlier in [[Orange County, California|Orange County]] [[Superior Courts of California|Superior Court]], this one for [[wrongful termination]], has been filed against Fannie Mae by an employee who claims she was fired when she tried to alert management to kickbacks. The employee claims that she started voicing her suspicions in 2009.<ref>{{cite news| url=https://www.latimes.com/business/la-xpm-2013-may-27-la-fi-fannie-mae-kickbacks-20130525-story.html | work=[[Los Angeles Times]] | first=E. Scott | last=Reckard | title=Kickbacks as 'a natural part of business' at Fannie Mae alleged | date=May 27, 2013}}</ref>
On May 29, 2013, the ''Los Angeles Times'' reported that a former [[foreclosure]] specialist at Fannie Mae has been charged but pleaded "not guilty" to accepting a [[Kickback (bribery)|kickback]] from an Arizona [[real estate broker]] in a [[Ronald Reagan Federal Building and Courthouse (Santa Ana)|Santa Ana Federal court]]. Another lawsuit filed earlier in [[Orange County, California|Orange County]] [[Superior Courts of California|Superior Court]], this one for [[wrongful termination]], has been filed against Fannie Mae by an employee who claims she was fired when she tried to alert management to kickbacks. The employee claims that she started voicing her suspicions in 2009.<ref>{{cite news| url=https://www.latimes.com/business/la-xpm-2013-may-27-la-fi-fannie-mae-kickbacks-20130525-story.html | work=Los Angeles Times | first=E. Scott | last=Reckard | title=Kickbacks as 'a natural part of business' at Fannie Mae alleged | date=May 27, 2013}}</ref>


==Leadership==
==Leadership==
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