Overview A leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today’s housing recovery and helping to build a sustainable housing finance system. Fannie Mae exists to provide reliable, large-scale access to affordable mortgage credit across the country at all times so people can buy, refinance or rent homes. All of Fannie Mae’s operations are driven by systems: from acquisition to pooling to sec- uritization accounting and reporting. They have 4,000-5,000 end users, some of whom are internal to Fannie Mae, and others, such as investors or lenders, who are external. At any given time, the enterprise may have 200-300 new application releases in process. Challenge Fannie Mae operates under significant regulatory oversight requi

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