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 Single-Family segment focuses on mortgage acquisitions and securitizations, as well as credit risk and loss management services. The Multifamily segment offers similar services for multifamily properties. Fannie Mae facilitates mortgage securitization transactions, including lender swap transactions, portfolio securitization, and structured securitization transactions. By purchasing and guaranteeing mortgages, the company helps increase liquidity in the housing market and makes homeownership more accessible for Americans.

Federal National Mortgage Association's stock trades on the OTC Markets OTCQB exchange under the ticker symbol FNMAO. The company's financials are reported in US Dollars (USD). As an over-the-counter listing, FNMAO shares are traded through a dealer network rather than a centralized exchange like the NYSE or Nasdaq. Investors should be aware that OTC markets may have less liquidity and higher volatility compared to major exchanges. The OTCQB is a middle-tier market for early-stage and developing companies that are current in their reporting.

Federal National Mortgage Association operates in the Financial Services sector, specifically within the Mortgage Finance industry. As a government-sponsored enterprise (GSE), Fannie Mae plays a critical role in the U.S. housing finance system. The Mortgage Finance industry includes companies that originate, purchase, securitize, and service mortgage loans. Fannie Mae's activities focus on providing liquidity and stability to the mortgage market by buying mortgages from lenders and packaging them into mortgage-backed securities. This helps ensure that funds are available for homebuyers and that the housing market functions efficiently.

Federal National Mortgage Association is headquartered in Washington, District of Columbia, United States. The company primarily serves the U.S. residential mortgage market, operating nationwide. Fannie Mae was incorporated in 1938 and has since been a key player in the American housing finance system. Its operations are focused on the United States, and it does not have significant international exposure. By providing liquidity to mortgage lenders, Fannie Mae helps facilitate homeownership for millions of Americans across all 50 states. The company's activities are closely tied to the health of the U.S. housing market and economy.