The departures came less than a week after the Securities and Exchange Commission directed the company to make accounting corrections that could erase $9 billion of past profit. Despite that possibility, Manny Couto, broker of Rosa Agency in Kearny, N.J., believes that Fannie Mae overall is doing a good job for the housing industry, shareholders and the general public. He said investor confidence in the company remains fairly high, and since the average American homeowner doesn't realize who is funding their mortgage money, the ongoing issues likely won't bother them. Fannie is a shareholder-owned corporation chartered by Congress to maintain a steady flow of mortgage funds for the nation's housing market. Along with its corporate cousin, Freddie Mac, Fannie securitizes and either resells or owns a substantial portion of the outstanding home mortgage debt in the United States.