The Federal National Mortgage Association, commonly known as Fannie Mae, is a pivotal player in the U.S. housing finance system, dedicated to expanding access to affordable housing. Founded in 1938, Fannie Mae operates within the financial services industry, focusing on the secondary mortgage market to enhance liquidity, stability, and affordability in the housing sector. With a robust workforce of thousands, the company engages in various key businesses, including facilitating the purchase of mortgages from lenders, securitizing those mortgages, and providing timely funding to ensure that homeownership remains attainable for millions of Americans. Fannie Mae is not just a financial institution; it plays a critical role in shaping the landscape of home financing, making it an impactful organization within the realm of housing policy and economic development.