March 02, 2015 6:54 PM ET

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Company Overview of Fannie Mae Foundation

Company Overview

Fannie Mae Foundation is a not-for-profit foundation with $432 million assets under management. The foundation focuses on housing and community development issues. It offers a range of grants, fellowships, and awards programs. Fannie Mae Foundation was founded in 1979 and is headquartered in Washington, District of Columbia. The foundation has offices in Atlanta, Chicago, Dallas, Pasadena, and Philadelphia. It is a subsidiary of Fannie Mae.

4000 Wisconsin Avenue NW

North Tower

Suite One

Washington, DC 20016-2804

United States

Founded in 1979

Phone:

202-274-8000

Fax:

202-274-8100

Key Executives for Fannie Mae Foundation

Senior Vice President, General Counsel, and Secretary
Compensation as of Fiscal Year 2014.

Fannie Mae Foundation Key Developments

Fannie Mae Announces Earnings Results for the Third Quarter of 2014

Fannie Mae announced earnings results for the third quarter of 2014. For the quarter, the company earned $3.9 billion was down 55% from $8.7 billion in the same period of 2013. Earnings can fluctuate widely due to changes in interest rates and home prices.

Fannie Mae And Freddie Mac Plans Merging Back Office Operations

Fannie Mae Foundation and Freddie Mac Foundation are looking forward to merge certain back office operations. The merged business will operate as a company and will have its own Chief Executive and Board and for now would be jointly owned by Fannie Mae and Freddie Mac.

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