Federal National Mortgage Association (FNMFM) 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.
FNMFM has IPO date of 2021-01-08, 8,200 full-time employees, listed on the Other OTC, a market capitalization of $8.97B.
Federal National Mortgage Association (Fannie Mae) is a leading provider of financing and liquidity for the U.S. mortgage market, operating primarily through the securitization of mortgage loans into mortgage-backed securities. The company operates two core segments: Single-Family, which securitizes and purchases single-family mortgages including conventional, government-insured, and government-guaranteed loans, while also providing mortgage servicing and credit risk management; and Multifamily, which securitizes multifamily mortgage loans, purchases multifamily mortgages, and offers credit enhancement and structured investment products for the rental housing market. Fannie Mae serves a broad range of financial institutions including banks, credit unions, mortgage companies, and housing finance agencies. Founded in 1938 and headquartered in Washington, D.C., the company plays a central role in supporting homeownership and rental housing finance across the United States.
