Closet Factory

The FHLBanks Office of Finance, located in Reston, VA, plays a crucial role in the nation's financial system by supporting local lending institutions with low-cost funds. With a history spanning nine decades, the Federal Home Loan Banks are instrumental in facilitating community lending across the country. In addition to providing funding, the Office of Finance publishes financial reports, issues debt securities, and maintains strong governance through independent directors. Their ongoing commitment underscores the importance of affordable housing and economic stability within local communities. Generated from the website

Fannie Mae, headquartered in Herndon, VA, plays a critical role in the U.S. housing finance system by purchasing mortgages from lenders and converting them into mortgage-backed securities (MBS) to support market stability and enhance accessibility to affordable housing. With a significant funding presence and over $4.3 trillion in total assets as of mid-2025, Fannie Mae has aided over 668,000 households in buying, refinancing, or renting homes during the same period. The company operates across diverse sectors, including Single-Family and Multifamily businesses, providing liquidity to home purchase and rental markets through an extensive network of partners and services. Fannie Mae also prioritizes innovation in the housing industry, continuously delivering tools and resources that facilitate better housing finance outcomes for consumers and investors alike. Generated from the website