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The Federal National Mortgage Association, commonly known as Fannie Mae, is a United States government-sponsored enterprise and, since 1968, a publicly traded company
This graph shows Fannie Mae errors and response times for the website over the past day. Website status and slowness is related to downtime for Fannie Mae and errors for their site.
This chart above shows Fannie Mae error reports submitted in the past 24 hours (one day) compared to the recent average over similar days. The status of Fannie Mae is marked as "down" when the number of reported errors is significantly higher than the average errors.
The Federal National Mortgage Association, commonly known as Fannie Mae, is a United States government-sponsored enterprise and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities, allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations. Its brother organization is the Federal Home Loan Mortgage Corporation, better known as Freddie Mac. As of 2018, Fannie Mae is ranked number 21 on the Fortune 500 rankings of the largest United States corporations by total revenue.