Abstract
AbstractCredit & Lending (MIC: 8.6 SIC: 111 NAIC: 22292)Fannie Mae is a federally chartered, private, shareholder‐owned co., and an investor in home mortgage loans in the U.S. Co. operates in the secondary mortgage market by purchasing mortgages and mortgage‐related securities, including mortgage‐related securities guaranteed by Co., from primary market institutions, such as commercial banks, savings and loan associations, mortgage cos., and other investors. Co. provides additional liquidity in the secondary mortgage market by issuing and guaranteeing mortgage‐related securities. Co. provides liquidity in the secondary mortgage market through Co.'s two primary business segments: the Portfolio Investment business and the Credit Guaranty business.
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