Federal National Mortgage Association (FNMFO) 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.
FNMFO has IPO date of 2011-12-23, 8,200 full-time employees, listed on the Other OTC, a market capitalization of $10.92B.
Federal National Mortgage Association (Fannie Mae) is a primary source of financing for residential mortgages in the United States, operating through Single-Family and Multifamily segments. The company securitizes mortgage loans originated by lenders into mortgage-backed securities and purchases mortgages across multiple categories, including conventional loans, Federal Housing Administration-insured loans, and Department of Veterans Affairs-guaranteed loans. Beyond securitization, Fannie Mae provides comprehensive services including mortgage servicing, credit risk management, loss mitigation, and credit enhancement for state and local housing finance authorities. The company 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., Fannie Mae plays a critical role in supporting homeownership and multifamily housing finance across the nation.
