Federal National Mortgage Association

Federal National Mortgage Association, commonly known as Fannie Mae, provides financing solutions for residential mortgages in the United States. The company operates through two segments: Single-Family and Multifamily. Its activities include mortgage acquisitions and securitizations, as well as credit risk and loss management services. Fannie Mae engages in mortgage securitization transactions such as lender swaps, portfolio securitizations, and structured securitizations. By purchasing and guaranteeing mortgages, it helps ensure liquidity and stability in the housing finance market.

FNMAL is traded on the OTC Markets OTCQB exchange under the symbol FNMAL. The stock is denominated in US Dollars (USD), reflecting its primary market operations in the United States. As an over-the-counter listing, it may have different liquidity and reporting requirements compared to major exchanges like the NYSE or Nasdaq.

Federal National Mortgage Association operates in the Financial Services sector, specifically within the Mortgage Finance industry. This industry focuses on providing funding and liquidity for residential and commercial mortgages. As a government-sponsored enterprise, Fannie Mae plays a key role in the U.S. housing market by facilitating the flow of capital to lenders, which in turn helps make homeownership more accessible.

Fannie Mae is headquartered in Washington, District of Columbia, United States. It primarily serves the U.S. residential mortgage market, providing financing solutions across the country. The company's operations are focused on the domestic market, and it does not have significant international exposure. Its role is to support the U.S. housing finance system by purchasing mortgages from lenders and packaging them into securities.

Fannie Mae generates revenue primarily through its mortgage acquisition and securitization activities. In the Single-Family segment, it buys mortgages from lenders, pools them, and sells them as mortgage-backed securities (MBS) to investors, earning guaranty fees for assuming credit risk. The Multifamily segment operates similarly for apartment loans. Additionally, the company earns income from its retained mortgage portfolio and credit risk management services. Its business model relies on the spread between the interest earned on mortgage assets and the cost of funding, along with fee income from guarantees.