Where is Fannie Mae Corporate office Headquarters
Fannie Mae Headquarters Address and Contact
Fannie Mae Headquarters Location & Directions
Fannie Mae Headquarters Executive Team
Hugh R. Frater
Chief Executive Officer
David C. Benson
Celeste Mellet Brown
Executive Vice President and Chief Financial Officer
Michele M. Evans
Executive Vice President and Head of Multifamily
Jeffery R. Hayward
Executive Vice President and Chief Administrative Officer
Senior Vice President and Chief Marketing Officer
Senior Vice President and Chief Compliance & Ethics Officer
Kimberly H. Johnson
Executive Vice President and Chief Operating Officer
Stergios "Terry" Theologides
Executive Vice President, General Counsel, and Corporate Secretary
Senior Vice President and Chief Audit Executive
Ryan A. Zanin
Executive Vice President and Chief Risk Officer
About Fannie Mae, History and Headquarters Information
Fannie Mae was founded in the year 1938. The company has been operational for 81 years now. The former name of the company was the Federal National Mortgage Association. The main aim of the company was to provide banks with the federal money to allow more home loans to be given, to the citizens of the USA. The company was taken over by the Housing and Home Finance Agency in the year 1950.
In the year 1968, the company converted itself into a limited private entity. Then in the year 1970, the federal government had allowed the company to buy out various types of conventional loans, which are explicitly not insured. In the year 1992, the company's charter was amended, and it allowed the company to provide house loans to even low and middle-class families. Due to this strategy, by the year 2007, the revenue of the company had increased by almost 55%. During the year 2007, the mortgage crisis did have an impact on the overall operations and revenue generation of the company as well. This made the company adopt more conservative laws and strategies, to cut down losses. In the year 2013, the company paid almost $59 billion to the USA Treasury.
The headquarters of the company is based in Midtown Center, 1100 15th Street, North West. The name of the place is Washington, while the name of the state is DC, USA. The pin code of the area is 20005.
Fannie Mae is a company based in America that focuses on building a sustainable housing finance system, that allows its customers to buy houses easily. The current CEO of the company is Hugh R Frater. As of the year 2018, the total revenue generated by the company is more than $21.9 billion. Also, the number of employees working at the company, as of the year 2018, is more than 7,400. The company is raked at number 21 in the Fortune 500 companies list.
The primary services provided by the company include allowing customers to experience the best in the class sustainable system for the financing of houses, including low and middle-class American citizens. The company provides affordable mortgage credit, to people who need it. This allows customers to refinance, buy or rent homes they like and love easily.