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Fannie Mae's headquarters in Washington. (Win McNamee/Getty Images)
Public companies and financial services
Fannie Mae
Chartered by the government, Fannie Mae, more formally known as the Federal National Mortgage Association, is the nation’s largest purchaser of mortgages from banks and others so those lenders can finance even more home purchases. The federal government took over Fannie Mae and its sibling mortgage finance giant, Freddie Mac, during the housing crisis as a result of rising losses. But the companies still remain vital cogs in the mortgage machinery. Together, they, along with federal agencies, now guarantee about 90 percent of all new home loans in the country.
3900 Wisconsin Ave. NW
Washington D.C., 20016
202-752-7000
Founded: 1938
President and CEO Michael Williams
Revenue: $15,964,000
Assets: $3,221,972,000
Employees (local): 7,000 (4,600)
NOTE: Our methodology for the rankings.
