Fannie Mae-No Politics (FNMA)

[Phisherman]

Fannie Mae President and CEO Speaks at MBA Annual Convention
10/20 12:39 PM
WASHINGTON, Oct. 20 /PRNewswire-FirstCall/ -- Fannie Mae (FNM:$0.97,00$0.02,002.11%) President and Chief Executive Officer Herbert M. Allison delivered remarks today at the Mortgage Bankers Association's 95th Annual Convention in San Francisco, CA. Allison provided a brief update of Fannie Mae's (FNM:$0.97,00$0.02,002.11%) service to the market.
The full text of Mr. Allison's remarks can be found on the company's web site at: http://www.fanniemae.com/media/pdf/speeches/nat_mba_remarks_102008.pdf.
Fannie Mae (FNM:$0.97,00$0.02,002.11%) is a shareholder-owned company with a public mission. We exist to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae (FNM:$0.97,00$0.02,002.11%) has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. In 2008, we mark our 70th year of service to America's housing market. Our job is to help those who house America.
SOURCE Fannie Mae (FNM:$0.97,00$0.02,002.11%)