Making Home Affordable Making Home Affordable is part of President Obama's comprehensive strategy to get the housing market back on track.
Home Affordable Modifications Making Home Affordable offers help to borrowers who are struggling to keep their loans current or who are already behind on their mortgage payments.
About Affordable Housing and Community Development
Fannie Mae tackles some of the toughest housing problems in America. By creating customized financing solutions with our partners, we work to expand the dream of homeownership and affordable rental housing across the country.
Our efforts target underserved communities and households who traditionally have difficulty accessing the mortgage industry, including:
Low- and moderate-income buyers Minorities Urban and rural residents People with special housing needs, including the homeless Multifamily Housing Fannie Mae’s multifamily financing solutions include:
Debt financing through lender partners Investments in Low-Income Housing Tax Credits (LIHTC) through syndication partners These investments help create safe, decent rental housing by providing a steady source of funding for property owners and developers to finance, build, rehabilitate, and renovate multifamily housing throughout the country.
Our Partners Our partners are the vital link to ensure the success of every new mortgage product or financing strategy. Among our partners are:
Banking and lending institutions Housing advocacy groups Community and nonprofit organizations Federal, state, and local governments Developers and homebuilders Employers Syndicators
Fannie Mae Mortgage's
NEW Corporate Structure
Fannie Mae announced that the company is realigning its organizational structure, effective immediately, as the company continues to serve the housing finance system and help to stabilize the market. Who's To Blame
Fannie Mae's three lines of business -- Single-Family Mortgage Guaranty, Capital Markets, and Housing and Community Development -- and their leadership -- will report directly to the President and Chief Executive Officer, Herbert M. Allison, Jr. Technology and Operations will report to Chief Operating Officer Michael Williams. The structure and function of Government and Industry Relations is under review.
Allison also said that he would continue to review Fannie Mae's organizational structure to make needed changes. "Fannie Mae is building a new organizational structure as we take the company in a new direction to serve a dramatically changing market," Allison said. "The company's organization will be flatter, with clear lines of authority and strong checks and balances, and a closer link between our businesses and top management. Above all, we will embrace and make needed changes so we can better help to stabilize and serve the market ahead."