Fannie Mae provides other types of support for the housing market and consumers, as well. That includes financing affordable rental housing through programs like its Delegated Underwriting and Servicing (DUS), which leverages private capital to finance multifamily housing. Fannie also works with develop...
Fannie Mae (FNMA) was the second of these corporate bailout recipients, purportedly run by the government, to hire Glassner. Fannie hired Glassner after it sued him. The suit was nominally brought by the Federal Housing Finance Administration (FHFA), the federal agency acting as conservator...
in 2009. Fannie Mae's vice president of multifamily production Heidi McKibben stated that of the 10.1 billion in debt financing the enterprise furnished, 9.9 billion of the company's total investment in multifamily housing were delivered. It is noted that of the business delivered by this ...
Fannie Mae and Freddie Mac, government-sponsored enterprises (GSEs) in the secondary mortgage market, are the two largest sources of housing finance in the United States. They fund these mortgages by purchasing loans directly from primary market mortgage originators, such as mortgage bankers ...