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 swap, portfolio securitization, and structured securitization transactions. By purchasing and guaranteeing mortgages, it helps ensure liquidity in the housing market, making homeownership more accessible for Americans.

Federal National Mortgage Association (FNMFO) is traded on the OTC Markets OTCID exchange under the symbol FNMFO. The company's financials are reported in US Dollars (USD). As an over-the-counter stock, it is not listed on major exchanges like the NYSE or Nasdaq, but investors can still buy and sell shares through brokerages that support OTC trading. The use of USD reflects its operations being primarily within the United States.

Federal National Mortgage Association operates in the Financial Services sector, specifically within the Mortgage Finance industry. This means the company is involved in providing financing and services related to residential mortgages. As a government-sponsored enterprise, it plays a key role in the secondary mortgage market by purchasing loans from lenders, packaging them into securities, and guaranteeing them. This helps stabilize the housing finance system and promotes affordable housing.

Federal National Mortgage Association is headquartered in Washington, District of Columbia, United States. It primarily serves the U.S. residential mortgage market, operating nationwide. The company's focus is on providing liquidity and stability to the housing finance system by working with lenders, investors, and homeowners. Its activities support the single-family and multifamily housing sectors across the country, making it a key player in the American housing market.

Federal National Mortgage Association generates revenue primarily through its mortgage securitization activities. In the Single-Family segment, it acquires mortgages from lenders, pools them, and issues mortgage-backed securities (MBS) that are sold to investors, earning guarantee fees for assuming credit risk. The Multifamily segment operates similarly but focuses on apartment buildings and rental properties. Additionally, the company earns income from its portfolio of retained mortgages and investments. Credit risk and loss management services also contribute to its revenue stream.