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Federal National Mortgage Association(FNMFM)

Description: Federal National Mortgage Association provides a source of financing for mortgages in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates in two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S. Department of Agriculture, manufactured housing mortgage loans, and other mortgage-related securities. This segment also provides single-family mortgage servicing, as well as credit risk and loss management services. The Multifamily segment securitizes multifamily mortgage loans into Fannie Mae MBS; purchases multifamily mortgage loans; and provides credit enhancement for bonds issued by state and local housing finance authorities to finance multifamily housing. This segment also issues structured MBS backed by Fannie Mae multifamily MBS; buys and sells multifamily agency mortgage-backed securities; invests in low-income housing tax credit (LIHTC) multifamily projects; and offers delegated underwriting and servicing, as well as multifamily mortgage, and credit risk and loss management services. The company serves mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, private mortgage originators, and state and local housing finance agencies. Federal National Mortgage Association was founded in 1938 and is headquartered in Washington, the District of Columbia.


Keywords: Insurance Mortgage Loan Mortgage Backed Security Savings And Loan Association Fannie Mae Mortgage Banking Mortgage Bank Government National Mortgage Association Federal National Mortgage Association Federal Housing Administration Savings Banks U.S. Department Of Agriculture Department Of Veterans Affairs Local Housing Finance Authorities Loss Management Services

Home Page: www.fanniemae.com

Midtown Center
Washington, DC 20005
United States
Phone: 800 232 6643


Officers

Name Title
Mr. Hugh R. Frater CEO & Director
Dr. David C. Benson Pres
Mr. Chryssa C. Halley Exec. VP & CFO
Mr. Jeffery R. Hayward Exec. VP & Chief Admin. Officer
Mr. Stergios Theologides Exec. VP, Gen. Counsel & Corp. Sec.
Mr. Ryan Armand Zanin C.F.A. Exec. VP & Chief Risk Officer
Ms. Priscilla Almodovar J.D. CEO & Director
Mr. Ramon Richards Sr. VP & Chief Information Officer
Mr. Pete Bakel Investor Relations
Ms. Nancy Jardini Sr. VP and Chief Compliance & Ethics Officer

Exchange: PINK

Country: US

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 428.5714
Price-to-Book MRQ: 0
Price-to-Sales TTM: 0.0915
IPO Date:
Fiscal Year End: December
Full Time Employees: 7400
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