Federal National Mortgage Association (FNMAL) 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.
FNMAL has IPO date of 2003-06-12, 8,200 full-time employees, listed on the Other OTC, a market capitalization of $8.96B.
Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise that provides essential financing for mortgages across the United States. The company securitizes mortgage loans originated by lenders into mortgage-backed securities and operates through two primary segments: Single-Family and Multifamily. The Single-Family segment purchases and securitizes various types of single-family mortgage loans, including conventional fixed-rate and adjustable-rate mortgages, as well as loans insured or guaranteed by federal agencies, and provides mortgage servicing and credit risk management services. The Multifamily segment securitizes multifamily mortgage loans, purchases multifamily mortgages, provides credit enhancement for housing finance authorities, and offers underwriting and servicing solutions. Founded in 1938 and headquartered in Washington, D.C., Fannie Mae serves a broad range of financial institutions including banks, credit unions, mortgage companies, and housing finance agencies.
