Federal National Mortgage Association (FNMAT) 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.
FNMAT has IPO date of 2008-06-25, 8,200 full-time employees, listed on the Other OTC, a market capitalization of $9.21B.
Federal National Mortgage Association (Fannie Mae) is a primary source of mortgage financing in the United States, securitizing and purchasing mortgage loans originated by lenders and converting them into mortgage-backed securities. The company operates through two business segments: Single-Family, which handles fixed-rate and adjustable-rate residential mortgages including government-backed loans from the FHA and VA, along with mortgage servicing and credit risk management; and Multifamily, which securitizes and purchases apartment complex mortgages while providing credit enhancement and servicing solutions. Fannie Mae serves a broad range of financial institutions including banks, credit unions, insurance companies, mortgage originators, and housing finance agencies. Founded in 1938 and headquartered in Washington, D.C., the company plays a critical role in maintaining liquidity and stability in the U.S. mortgage market.
