Fannie Mae is a Government sponsored enterprise established by the congress as a federal agency in 1938 with the mission of increasing the total amount of funds available in America to make home ownership and rental housing more available and affordable to the lower, moderate and middle-class Americans.
Fannie Mae operates in the US secondary mortgage market working with mortgage market partners, banks, brokers and other partners to ensure they have funds to lend to home buyers at affordable rates. They fund their mortgage investments by issuing debt securities in the domestic & international market.
For more information on Charlotte Real Estate & Fannie Mae financed homes, please contact your mortgage broker.
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