Federal National Mortgage Association(Other OTC/NBB : FNMA)
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Finance » Finance Or Rental Or Leasing
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Federal National Mortgage Association is a government-sponsored company, which engages in the provision of access to affordable mortgage credit and indirectly enables families to buy, refinance or rent homes. It operates through the following segments: Single-Family Credit Guaranty, Multifamily, and Capital Markets. The Single-Family segment involves in the guaranty fees on the mortgage loans underlying guaranteed single-family Fannie Mae mortgage-backed securities. The Multifamily segment includes guaranty fees on the mortgage and on the multifamily mortgage loans. The Capital Markets segment offers mortgage loans, mortgage-related securities, and investments. The company was founded in 1938 and is headquartered in Washington, DC.