We believe that when minorities, new Americans and families of modest means are denied the American Dream of homeownership, they and their children are being denied the most basic piece of the American franchise. Expand homeownership, and you expand family security, wealth, social status, upward mobility and integration into the economic mainstream. We believe life gets better with better housing and more homeownership. Neighborhoods get nicer. Streets get safer.
Schools get better.
Citizens get more involved. When people stretch their incomes to invest in a home, they become more invested in their communities. And that, like a virtuous circle, comes around to protect their home investment. But Fannie Mae does not do this alone. We do business in the secondary mortgage market.