[Multiple Executives Resign from Fannie Mae, Adding Uncertainty to the U.S. Housing Market] According to a report by Golden Finance on August 22, citing the Wall Street Journal, sources revealed that at least 10 senior executives from Fannie Mae are set to resign, sparking concerns that the institution, which supports the majority of the U.S. mortgage market, may face further turmoil. On Friday, news of the executive departures at Fannie Mae quickly spread within the industry, raising market concerns about the agency's ability to stabilize mortgage rates and market activity. Fannie Mae and Freddie Mac play a critical role in the U.S. housing finance system. The two companies purchase mortgages and package them for sale to investors, while providing repayment guarantees to investors. This ensures that even if borrowers default, investors still receive their payments. This mechanism enables U.S. lending institutions to offer more 30-year fixed-rate mortgages. Sources indicated that the individuals resigning this week include several of the company's top executives. At least some of the departures were not voluntary, as several officials were informed on Wednesday that their positions had been eliminated.