The nation's largest mortgage investors, that purchase mortgage loans from the secondary market. This stockholder-owner corporation, a portion of whose board of directors is appointed by the President of the United States, supports the secondary market in mortgages on residential property with mortgage purchase and securitization programs. Conforming loans can by purchased by Fannie Mae or Freddie Mac.

Fannie Mae (FNMA) and Freddie Mac (FHLMC) are two quasi-government agencies that provide the lion's share of home financing money in the United States. While both are stock companies traded on the NYSE, they are government chartered and regulated.

Two government chartered shareholder-owned companies providing mortgage funds to lenders by purchasing single-family and multifamily residential mortgages.