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20 - Fannie Mae

Fannie Mae Volunteers build and repair garden and landscaping for the Salvation Army of Alexandria along with Rebuilding Together. The create an outdoor space and community gardens for families living in transitional housing units to enjoy, Eli Turner

Mortgage-finance giant Fannie Mae has been in conservatorship since the company nearly went bust and required a government takeover in late 2008. But since 2012, when real estate prices finally starting rising again nationwide, the firm has been a cash cow for the United States government. The fact that it is required now to send all of its profits to the Treasury rather than rebuilding its capital is controversial because the policy means that Fannie would have to tap the Treasury again if the market goes sour and it starts losing money once again. Fannie Mae, officially the Federal National Mortgage Association, was founded in 1938 and is based in Washington, D.C.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$107162
Revenue Percent Change-2.9%
Profits ($M)$12,313.0
Profits Percent Change12.4%
Assets ($M)$3287968
Market Value — as of March 31, 2017 ($M)$3,011
Employees7,000
Previous Rank16

Company Facts

Employees7,000
SectorFinancials
IndustryDiversified Financials
HQ LocationWashington, DC
CEOTimothy J. Mayopoulos
CEO Title-
Websitewww.fanniemae.com
Years on Fortune 500 List20

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