Fannie Mae National Housing Survey a Tale of Two Mortgage Processes; Homeowners With Good Credit Confident, Hopeful, Satisfied

Business Wire, July 19, 2001

The oversample was collected from two sources: respondents from the national random sample who qualified as credit-impaired; and respondents drawn from a list of homeowners with mortgage interest at 10.5 percent or above who qualified. The complete survey is available on the Internet at http://www.fanniemae.com.

Fannie Mae is a New York Stock Exchange company and the largest non-bank financial services company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages.

Fannie Mae is working to shrink the nation's "homeownership gaps" through a $2 trillion "American Dream Commitment" to increase homeownership rates and serve 18 million targeted American families by the end of the decade. Since 1968, Fannie Mae has provided more than $3.0 trillion of mortgage financing for 38 million families.

More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com.

Style Usage: Fannie Mae's Board of Directors has authorized the company to operate as "Fannie Mae," and the company's stock is now listed on the NYSE as "Fannie Mae." In order to facilitate clarity and avoid confusion, news organizations are asked to refer to the company exclusively as "Fannie Mae."