Federal National Mortgage Association (FNMAO) 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.
FNMAO has IPO date of 2000-08-17, 8,200 full-time employees, listed on the Other OTC, a market capitalization of $8.16B.
Federal National Mortgage Association (Fannie Mae) is a primary source of financing for mortgages in the United States, operating through its Single-Family and Multifamily segments. The company securitizes mortgage loans originated by lenders into mortgage-backed securities and purchases various types of mortgage loans, including those insured or guaranteed by federal agencies, manufactured housing loans, and multifamily properties. Beyond securitization, Fannie Mae provides comprehensive services including mortgage servicing, credit risk management, loss mitigation, and structured financing solutions for state and local housing finance authorities. The company serves a broad range of clients across the mortgage banking industry, from commercial and community banks to credit unions and private mortgage originators. Founded in 1938 and headquartered in Washington, D.C., Fannie Mae plays a critical role in maintaining liquidity and stability in the U.S. housing finance market.