Fannie Mae Progress
Fannie Mae has funded our nation's housing market for more than 75 years. We provide reliable, large-scale access to affordable mortgage credit in communities across the country -- helping people to buy or rent a home, or refinance an existing mortgage, even during tough economic times.
We’ve made significant progress in improving the way we do business to make housing better. While many other market participants stepped aside, we have provided more than $4.2 trillion in liquidity to the mortgage market since 2009, helping to sustain the housing recovery and strengthen the U.S. economy.
We are also making the nation's housing finance system safer for consumers, lenders, and investors. Our underwriting and eligibility standards, initiatives to improve loan quality, and servicer quality assessment program are models for the industry, helping to protect homeowners and stabilize the market.
Although the housing market has improved, we recognize that many people are still struggling. We remain focused on helping individuals and families who are faced with the prospect of losing their home. Since 2009, we have completed approximately 1.6 million loan workouts to help people avoid foreclosure. That’s why we created Know Your Options: to educate consumers about their housing finance options and connect them with needed resources and assistance. At Fannie Mae, we are proud to support America's housing market.