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. It offers mortgage acquisitions and securitizations, which involve purchasing mortgages from lenders and packaging them into mortgage-backed securities. Additionally, Fannie Mae provides credit risk and loss management services to help manage the risk associated with its mortgage portfolio. The company also engages in various securitization transactions, including lender swap, portfolio securitization, and structured securitization transactions. Founded in 1938 and headquartered in Washington, D.C., Fannie Mae plays a key role in the U.S. housing finance system by ensuring liquidity in the mortgage market.

Federal National Mortgage Association (FNMAS) is listed on the OTC Markets OTCQB exchange, which is an over-the-counter market in the United States. The company trades in U.S. dollars (USD). As an OTC-listed security, FNMAS may have different liquidity and reporting requirements compared to stocks listed on major exchanges like the NYSE or Nasdaq. Investors should be aware that OTC markets often involve higher risk and less transparency. The ticker symbol FNMAS represents a specific series of preferred stock issued by Fannie Mae. The company's common stock is not publicly traded, as Fannie Mae has been under federal conservatorship since 2008.

Federal National Mortgage Association (FNMAS) operates in the Financial Services sector and is specifically classified under the Mortgage Finance industry. This means the company is primarily involved in providing financing and liquidity for mortgage loans. As a mortgage finance company, Fannie Mae does not originate mortgages directly but instead buys mortgages from lenders, securitizes them, and guarantees the timely payment of principal and interest to investors. This role helps to stabilize the housing market and make homeownership more accessible. The Mortgage Finance industry includes government-sponsored enterprises like Fannie Mae, as well as other entities that facilitate mortgage lending and investing.

Federal National Mortgage Association (FNMAS) is headquartered in Washington, District of Columbia, United States. The company serves the U.S. residential mortgage market, providing financing solutions for single-family and multifamily properties across the country. As a government-sponsored enterprise, Fannie Mae operates under a congressional charter to support the housing market by ensuring that mortgage lenders have sufficient funds to lend to homebuyers. Its activities are focused exclusively on the United States, and it does not have international operations. The company's mission is to facilitate equitable and sustainable access to homeownership and quality affordable rental housing for Americans.

Federal National Mortgage Association (FNMAS) generates revenue primarily through its mortgage acquisition and securitization activities. The company buys mortgages from lenders and packages them into mortgage-backed securities (MBS), which it sells to investors. Fannie Mae earns fees for guaranteeing the timely payment of principal and interest on these MBS, known as guaranty fees. Additionally, the company earns interest income from its retained mortgage portfolio and from investments in mortgage-related assets. Fannie Mae also engages in credit risk management services, which may generate additional fee income. The company operates through two segments: Single-Family, which focuses on loans for one-to-four-unit residential properties, and Multifamily, which provides financing for apartment buildings and other rental properties.