Fannie Mae

Correspondent Lenders

The Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that was formed during the Great Depression as part of President Franklin D. Roosevelt’s New Deal. Its purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS). In the wake of the 2008 financial crisis, the Federal Housing Finance Agency (FHFA) placed Fannie Mae and Freddie Mac under the conservatorship of the federal government, where it remains today.

Originally founded in 1938, Fannie Mae is based in Washington, D.C.

Latest Fannie Mae News

HUD seeks public comment on updates to reverse mortgage documents

Mar 29, 2024By Chris Clow

HUD is seeking comment on updates it wants to make to reverse mortgage application and origination documents.

Opinion: Fannie Mae’s title insurance pilot program overreaches

Mar 28, 2024By Diane Tomb
FHFA assisted nearly 44,000 troubled homeowners in Q4 2023

Mar 26, 2024By Connie Kim
Fannie Mae predicts that higher mortgage rates will stick around longer

Mar 19, 2024By Connie Kim
UWM to cover costs of hard credit pulls

Mar 13, 2024By Connie Kim
Rosy economic news could prolong elevated mortgage rates

Mar 13, 2024By Will Robinson
More homeowners feel like it’s the right time to sell: Fannie Mae

Mar 08, 2024By Sarah Marx
Fannie Mae adds single asset verification report to desktop underwriting system

Mar 06, 2024By Flávia Furlan Nunes
LenderLogix integrates with digital verification service

Mar 05, 2024By Sarah Marx
Treasury’s new housing plan includes redirected COVID-19 funds to boost affordable supply

Mar 05, 2024By Chris Clow

Fannie MaeContent

Time is up: Are you ready for Fannie Mae’s new prefund QC requirements?

Aug 15, 2023 10:18 amBy HW Media Content Studio

New Fannie Mae QC prefunding requirements have provided another reason for lenders to reassess their quality control and risk mitigation strategies. The prefunding requirements, announced in March, will become active as of September 1, 2023.