Company Spotlight features video, webcasts, presentations and annual reports for more than 30,000 companies. Sign up to promote your company. ×
Federal National Mortgage Association
Federal And Federally-sponsored Credit Agencies DC, United States
OTC Bulletin Board: FNMFN | OTC Bulletin Board: FNMFM | OTC Bulletin Board: FNMAO
Company Description
Federal National Mortgage Association is a government-sponsored company. It provides liquidity, stability and affordability to the U.S. housing and mortgage markets and its activities include providing market liquidity by securitizing mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities and purchasing mortgage loans and mortgage-related securities in the secondary market. The company operates through three segments: Single-Family Credit Guaranty, Multifamily, and Capital Markets. The Single-Family segment generates revenue primarily from the guaranty fees on the mortgage loans underlying guaranteed single-family Fannie Mae mortgage-backed securities. The Multifamily segment generates revenue from a variety of sources, including guaranty fees on the mortgage loans underlying multifamily Fannie Mae MBS and on the multifamily mortgage loans held in its portfolio, transaction fees associated with the multifamily business and bond credit enhancement fees. The Capital Markets segment invests in mortgage loans, mortgage-related securities and other investments, and generates income primarily from the difference, or spread, between the yields on the mortgage assets it owns and the interest paid on the debt the company issued in the global capital markets to fund the purchases of these mortgage assets. The company was founded in 1938 and is headquartered in Washington, DC.
Featured Company
Pool Corp.
Covington, LA, US
Pool Corp. markets and distributes swimming pool supplies and related products. It offers maintenance products, repair & replacement… Learn more →
You may also be interested in:
AutoChina International…
Shijiazhuang, HE, CN
AutoChina International Ltd. owns and operates a commercial vehicle financing and service centers network in the Peoples Republic… Learn more →
Carfinco Financial Group
The Howard Group, Calgary, AB, CA
Carfinco focuses on providing consumer vehicle loans to borrowers unable to obtain financing through traditional lending sources.… Learn more →
Planet Payment, Inc.
Long Beach, NY, US
One Partner. One Platform. Planet Payment. We are Planet Payment and we deliver secure payment processing services to leading banks… Learn more →