Federal National Mortgage Association (FNMAP) 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.
FNMAP has IPO date of 2000-04-13, 8,200 full-time employees, listed on the Other OTC, a market capitalization of $9.29B.
Federal National Mortgage Association (Fannie Mae) is a primary source of financing for mortgages in the United States, securitizing mortgage loans originated by lenders into mortgage-backed securities. The company operates through two main segments: Single-Family, which securitizes and purchases single-family mortgage loans including those backed by federal agencies such as the FHA and VA, along with providing mortgage servicing and credit risk management; and Multifamily, which securitizes multifamily mortgage loans, purchases multifamily mortgages, and provides credit enhancement and structured securities for multifamily housing. Fannie Mae serves a broad range of clients including mortgage banks, commercial banks, credit unions, and housing finance agencies. Founded in 1938 and headquartered in Washington, D.C., the company plays a critical role in the U.S. mortgage market by ensuring consistent liquidity and stability.
