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However, some will consider retirement assets such as a 401(k) ... Fannie Mae. Accessed December 20, 2024. Analysis of Benefit Estimates Shown in the Social Security Statement, Social Security ...
Last year, 56% of older homeowners said they’d never sell their homes, according to Fannie Mae. And only 15% said they’d consider using their home’s equity for extra money during retirement.
That still happens, though not as much as it used to amid a recent rise in seniors opting to retire in place, per Fannie Mae. Read Next: I’m a Realtor: 5 Cities Retirees Are Moving To in 2025
In 2024, with over $4.3 trillion in assets, Fannie Mae is the largest company in the United States and the fifth largest company in the world, by assets. [5] [6] Fannie Mae was ranked number 27 on the Fortune 500 rankings of the largest United States corporations by total revenue and was ranked number 58 on the Fortune Global 500 rankings of ...
The Troubled Asset Relief Program ... tax-qualified U.S. employee retirement plans, and bank holding companies. ... 30.2% to Fannie Mae and Freddie Mac, ...
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2018 or prior (all public companies with sales of $20 billion or more are included, while privately held companies are not included).
Sources. Quarterly Report on Household Debt and Credit [PDF], Federal Reserve.Accessed December 13, 2024. B3-3.1-01, General Income Information (05/01/2024), Fannie Mae.Accessed December 13, 2024.
Such automated underwriting engines include Freddie Mac's "Loan Product Advisor" (fka "Loan Prospector") and Fannie Mae's "Desktop Underwriter". For borrowers who have excellent credit and very acceptable debt positions, there may be virtually no documentation of income or assets required at all.