Fortune 500 rank: 50
2006 Revenues (millions): $44,002
Headquarters: McLean, VA
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The federally sponsored home mortgage lender, which backs $1.5 trillion in home loans, saw 21% revenue growth in 2006. But earnings were only up by 4%, owing to the shaky housing
market. Last year, it celebrated its 50 millionth mortgage. In February, the lender announced that it would stop buying some types of subprime mortgages that are particularly
prone to foreclosure.
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