5 Followers USX:FNMA - Federal National Mortgage Association Fannie Mae Federal National Mortgage Asso
Sector: Financials, Industry: Thrifts & Mortgage Finance
Next Earnings: 30 Apr 2024
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USD 1.57    -0.3 (-16.04%)

28 Mar 2024


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General

CEO: Ms. Priscilla Almodovar J.D.

Headquarters: US

Employees: 8,100

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Description

Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments namely the Single-Family business that operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units and the Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.

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