About Business
"The Federal National Mortgage Association is typically famous as Fannie Mae. The company provides a reliable, affordable mortgage and supports homeowners, homebuyers, and renters. Founded in 1938, the company creates diverse opportunities to buy, rent, and refinance. In the mission statement, the company strives to facilitate sustainable access to homeownership and quality while providing ease of rental housing. The company not only offers mortgages to borrowers but also guarantees mortgages via the secondary mortgage market. Moreover, it innovates and promotes a safer and stronger housing finance system. At present, Hugh R. Frater is serving as the CEO of this prominent provider of mortgage financing in the United States. "