Fannie

Philosophy…………………………………………………………………4 Corporate Growth and Diversity.…………………………………………………………………6 Conclusion………………………………………………………………………………………...7 References…………………………………………………………………………………………8 Figure Chart 1……………………………………………………………………………………10 Fannie Mae Fannie Mae is a leading mortgage company and one of the most financially successful businesses within its industry. Given the salient features of the organization that has culminated into its current standing, this report offers a brief but concise

Fannie and Freddie remain two of the largest financial institutions in the world, responsible for a combined $5 trillion in mortgage assets. The primary function of Fannie Mae and Freddie Mac is to provide liquidity to the nation’s mortgage finance system. Fannie and Freddie purchase home loans made by private firms (provided the loans meet strict size, credit, and underwriting standards), package those loans into mortgage-backed securities, and guarantee the timely payment of principal and interest

Shares of Fannie Mae (FNMA) stock opened at $59.55 on January 3, 2007. This was the first trading day of that year. By January 2, 2009, the stock had imploded to the price of $0.75 per share (performance.morningstar.com, 2017). At this time, the stock still had not bottomed. This means that the stock still had quite a drop left until it finally had an upward trend in price. Similarly, Freddie Mac (FMCC) had went from $67.84 per share on January 3, 2007 to a mere $0.70 per share by the time the market

The congress has determined that the executive compensation system is unreasonable during the crisis in 2000s. Fannie Mae’s compensation committee was equally in effective. The committee allowed the company’s CEO, Franklin Raines, to select the consultant employed to design the mortgage firm’s executive compensation plan and agreed to a tiered bonus plan that would permit Raines and other senior managers to receive maximum bonuses without great difficulty. Raines receives $52 million in performance-based

they charge borrowers as well as interest that they receive on reserves. They use these funds to underwrite more loans which helps out people with their mortgages. Two other government-sponsored enterprises are Fannie Mae and Freddie Mac. They were built by congress to

Fannie Mae case. Federal regulators noted a growing string of high profile scandals at major U.S. corporations in recent years. The number of fraud cases investigated by the Securities and Exchange Commission jumped 41 percent in the last three years (112 cases in 2001 compare to 79 cases investigated in 1998), resulting in tens of millions of dollars in fines to settle the charges. I have decided to take a closer look at Fannie May. This company operates in the residential mortgage finance industry

Fannie Lou Hamer "If the Freedom Democratic Party is not seated now, I question American. Is this America, the land of the free and the home of the brave, where we have to sleep with our telephones off of the hook because of our lives be threatened daily, because we want to live as decent human beings in America?" Fannie Lou Hammer before the Democratic National Convention, 1964. Fannie Lou Hamer is best known for her involvement in the Student Nonviolent Coordination Committee (SNCC).

Fannie Mae is far for being fully self sufficient because of its reliance on government subsidiaries. There are two main issues I found, and these are: First, the capital minimum issues which deteriorates through the 2008 economic recession the country faced

I want to study the case of Fannie Mae and Freddie Mac and the danger these two could have caused to the U.S. mortgage market and the U.S. economy as a whole, if they would have failed. Fannie Mae and Freddie Mac purchased mortgages from financial institutions, creating a liquid, secondary market for mortgages, to which financial institutions could sell them into, in turn freeing up the necessary funds to make additional mortgages. In 1968 and 1970 Fannie Mae and Freddie Mac were chartered as government-sponsored

establishments: manipulation of the housing market by two government-funded companies, and the greed of wealthy Wall Street bankers and investors who knowingly took advantage of the system. The Federal National Mortgage Association, referred to as “Fannie Mae”, was founded as a government sponsored entity