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Founder Profile

Franklin D. Roosevelt

Last reviewed: November 2026 · By Swet Parvadiya

Who is Franklin D. Roosevelt?

Franklin D. Roosevelt is a founder of Fannie Mae, which was founded in 1938 with 75th United States Congress.

Company founded
Fannie Mae
Founded
1938
Co-founders
75th United States Congress

Founding Story

Franklin Delano Roosevelt (1882–1945) signed Title III of the National Housing Act amendments into law in 1938, creating Fannie Mae as part of the New Deal to rescue American homeowners from foreclosure.

Sources

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