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The World Bank is a vital source of financial and technical assistance to developing countries throughout the world. The World Bank isn t a bank in the common sense. It is made up of two unique development institutions owned by more than 180 member countries. The two institutions it is made up of include the International Bank for Reconstruction and Development and the International Development Association. Each institution plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards. The International Bank for Reconstruction and Development focuses on middle income and creditworthy poor countries, while International Development Association focuses on the poorest countries in the world. Together it provides low-interest loans, interest-free credit and grants to developing countries for education, health, infrastructure, communications and many other purposes. The World Bank is located in Washington, D.C.

Fannie Mae was established in 1938 by the federal government to expand the flow of mortgage money by creating a secondary market. As a private, shareholder-owned company, it facilitates the flow of mortgage capital to increase the availability of homeownership for low-, moderate-, and middle-income Americans. Its primary market participants include mortgage companies, savings and loan associations, savings banks, commercial banks, credit unions, and state and local housing finance agencies. The company s mortgage portfolio includes mortgage loans, mortgage-related securities, and other investments purchased from lenders, securities dealers, investors, and other market participants. Its liquid investments include cash and cash equivalents, nonmortgage investments, and loans held for securitization and sale. It also shares mortgage credit risk with third parties. Daniel H. Mudd has been the chief executive officer of Fannie Mae for more than one year. He has been with the mortgage and investment company for over six years. Mudd earned a BA degree from the University of Virginia. Fannie Mae is based in Washington, D.C.

IPAI L3C is a social enterprise based in Washington, DC that focuses on providing innovative solutions for sustainable development projects. Specializing in leveraging technology and partnerships, the company works towards creating positive social and environmental impact in various communities. Generated from their business information