Federal National Mortgage Association (FNMA) is a publicly traded company in the Financial Services sector, operating within the Financial - Mortgages industry. The company is headquartered in Washington, DC, United States. The current CEO is Peter Andrew Akwaboah.
FNMA has IPO date of 1977-01-03, 8,200 full-time employees, listed on the Other OTC, a market capitalization of $9.55B.
Federal National Mortgage Association (Fannie Mae) is a primary source of financing for residential mortgages in the United States, operating through Single-Family and Multifamily segments. The company securitizes mortgage loans originated by lenders into mortgage-backed securities and purchases various types of mortgages, including fixed-rate and adjustable-rate loans, as well as loans insured or guaranteed by federal agencies. In addition to securitization and loan purchases, Fannie Mae provides mortgage servicing, credit risk management, and loss mitigation services to a broad range of financial institutions including banks, credit unions, and housing finance agencies. The company also invests in low-income housing projects and offers structured securities and credit enhancement solutions for multifamily housing. Founded in 1938 and headquartered in Washington, D.C., Fannie Mae plays a critical role in supporting the U.S. housing market.
