Federal National Mortgage Association (FNMAL)
Stock analysis · OTC · Financial Services · Financial - Mortgages
Federal National Mortgage Association (FNMAL) is a publicly traded company in the Financial Services sector. Latest price: $10.27. Market cap $5.28B. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About Federal National Mortgage Association
The Federal National Mortgage Association, widely known as Fannie Mae, plays a crucial role in the United States' housing finance system by ensuring the consistent availability of mortgage funding. It achieves this primarily by purchasing mortgage loans originated by various lenders and transforming them into Fannie Mae mortgage-backed securities (MBS), which are then sold to investors. Fannie Mae organizes its operations into two distinct areas: Single-Family and Multifamily. The Single-Family segment focuses on acquiring and securitizing mortgages for individual homes. This encompasses conventional fixed-rate or adjustable-rate, first-lien mortgages, along with those insured by the Federal Housing Administration (FHA), guaranteed by the Department of Veterans Affairs (VA), or supported by the USDA's Rural Development Housing and Community Facilities Program. It also deals with loans for manufactured housing and other related mortgage instruments. Beyond securitization, this segment offers essential services such as mortgage servicing for single-family homes and comprehensive credit risk and loss management solutions. Conversely, the Multifamily segment is dedicated to the apartm…
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