Fannie Mae is a private company that raises funds from corporations and purchases mortgages from investors.

Name: Fannie Mae is a private company that raises funds from corporations and purchases mortgages from investors.
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Question

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Fannie Mae is a government-sponsored enterprise (GSE) that operates in the secondary mortgage market, purchasing mortgages from lenders, not directly from investors, to ensure that institutions have enough funding to lend more mortgages to homebuyers.

Fannie Mae Is a Private Company That Raises Funds from Corporations