And our credit losses have plunged to the lowest level in history. And the single biggest reason for our success is because we are eager to serve New Markets. Along the way, we learned that a key to success is to be a world class model for diversity. Fortune magazine has named Fannie Mae among the top three companies in America for African Americans, Hispanics and Asians to work. Over 21 percent of our officers are minorities and over 39 percent are women.
Diversity is a key business strategy.
If you are a model for diversity, your outlook on the market and the opportunities for growth can be a lot different. Your company can see the New Markets more clearly. We also enlisted the help of numerous minority-owned firms. Fannie Mae is among the world's largest issuers of debt securities. We met that target early, so we took another step and made these firms automatic participants in our Benchmark Note issues, the largest corporate long-term debt issuances in the world.