What is Fannie Mae (FNMA) known for?

Fannie Mae, officially known as the Federal National Mortgage Association (FNMA), plays a crucial role in the home mortgage market. It is primarily known for supplying home mortgage funds, which it does by purchasing and securitizing mortgages from lenders. This process provides liquidity to the mortgage market, making it easier for lenders to offer mortgages to homebuyers, thereby promoting home ownership.

By buying mortgages on the secondary market, Fannie Mae helps to ensure that there is a steady supply of funds available for lending, which in turn stabilizes the housing market. This function is vital for maintaining accessible financing options for homebuyers across the United States. The organization works to enhance the affordability and availability of mortgage credit, supporting the overall economy by contributing to the stability of the housing market.

In contrast, the other options do not accurately describe Fannie Mae's primary function: it is not involved in providing rental assistance, it does not insure title insurance policies, nor does it oversee real estate transactions in the way that a broker or governmental agency would handle those processes. Therefore, the focus on supplying home mortgage funds is the defining characteristic of Fannie Mae's operations.