The Federal National Mortgage Association , commonly known as Fannie Mae, is a government-sponsored enterprise and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-backed securities , allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations . Its brother organization is the Federal Home Loan Mortgage Corporation , better known as Freddie Mac. Wikipedia*
On the C-SPAN Networks:
Fannie Mae has hosted 2 events in the C-SPAN Video Library; the first program was a 2000 News Conference. The year with the most events was 2022 with one event. The year with the highest average number of views per video was 2022 with an average of 99 views per video. Most appearances with Chris Brummer (2). Most common tag: Regulation.