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Federal National Mortgage Association

0IL0:LSE

Federal National Mortgage Association

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  • Price (USD)3.24
  • Today's Change0.02 / 0.62%
  • Shares traded3.09k
  • 1 Year change+348.44%
  • Beta--
Data delayed at least 20 minutes, as of Nov 22 2024 18:45 GMT.
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About the company

Federal National Mortgage Association is engaged in providing a source of financing for residential mortgages in the United States. The Company is a government-sponsored, stockholder-owned corporation, chartered by Congress to provide liquidity and stability to the United States housing market. Its segments include Single-Family and Multifamily. The Single-Family business operates in the secondary mortgage market relating to loans secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating to loans secured by properties containing five or more residential units. It engages in three categories of mortgage securitization transactions: lender swap transactions, portfolio securitization transactions, and structured securitization transactions. It funds its business through the issuance of short-term and long-term debt securities in the domestic and international capital markets.

  • Revenue in USD (TTM)148.12bn
  • Net income in USD-14.00m
  • Incorporated1938
  • Employees8.10k
  • Location
    Federal National Mortgage AssociationMidtown Center, 1100 15Th St, NwWASHINGTON 20005United StatesUSA
  • Phone+1 (202) 752-7000
  • Websitehttps://www.fanniemae.com/
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