TUGAS MATA KULIAH ANALISIS LINGKUNGAN BISNIS

Dosen Pembimbing : Prof. Dr. H. Basri Hasanudin, MA

Corporate Profile and Strategy

Fannie Mae is a government-sponsored

enterprise chartered by Congress with a
mission to provide liquidity, stability and
affordability to the U.S. housing and
mortgage markets. Fannie Mae operates in
the secondary mortgage market. Rather than
making home loans directly to consumers,
the company works with mortgage lenders to
help ensure they have funds to lend to home
buyers at affordable rates.

Company Profile:
Fannie Mae is a federally chartered and stockholder-owned
corporation and existing under federal statute section 1716 et
seq. (the "Charter Act").
Fannie Mae provides funds to the mortgage market by
purchasing mortgage loans from lenders, thereby replenishing
their funds for additional lending. Fannie Mae acquires funds to
purchase loans from many capital market investors that may
not ordinarily invest in mortgage loans, thereby expanding the
total amount of funds available for housing. Operating
nationwide, Fannie Mae helps to redistribute mortgage funds
from capital-surplus to capital-short areas.
Fannie Mae also issues mortgage-backed securities ("MBS").
Fannie Mae receives guaranty fees for its guaranty of timely
payment of principal of and interest on MBS certificates. Fannie
Mae issues MBS primarily in exchange for pools of mortgage
loans from lenders. The issuance of MBS enables Fannie Mae to
further its statutory purpose of increasing the liquidity of
residential mortgage loans

History

The Federal National Mortgage Association (FNMA), colloquially known as

Fannie Mae, was established in 1938 by amendments to the
National Housing Act after the Great Depression as part of
Franklin Delano Roosevelt's New Deal. Fannie Mae was established to
provide local banks with federal money to finance home mortgages in an
attempt to raise levels of home ownership and the availability of affordable
housing.
It was acquired by the Housing and Home Finance Agency from the
Federal Loan Agency as a constituent unit in 1950. In 1954, an amendment
known as the Federal National Mortgage Association Charter Act made
Fannie Mae into "mixed-ownership corporation" meaning that federal
government held the preferred stock while private investors held the
common stock;
in 1968 it converted to a privately held corporation, to remove its activity
and debt from the federal budget.
n 1970, the federal government authorized Fannie Mae to purchase private
mortgages, i.e. those not insured by the FHA, VA, or FmHA, and created the
Federal Home Loan Mortgage Corporation (FHLMC), colloquially known as
Freddie Mac, to compete with Fannie Mae and thus facilitate a more robust
and efficient secondary mortgage market

Who is Fannie Mae Today?

As the leading source of residential
mortgage credit in the U.S. secondary
market, Fannie Mae is supporting today's
economic recovery and laying the foundation
for a better housing finance system. We
guarantee and purchase loans from
mortgage lenders to ensure families can buy
homes, refinance, or rent a good home.
Net income of $10.1 billion for the second
quarter of 2013

Strategies
Innovative mortgage loan products and
features
Special member pricing in the secondary
market for whole loan sales to Fannie Mae
Discounted licensing and loan submission
fees for Desktop Underwriter, Fannie Maes
state-of-the-art underwriting technology
Access to newsletters, announcements and
free webinars that keep you up-to-date on
changes in the industry