Federal National Mortgage Association
XMUN:FNM
Federal National Mortgage Association
XMUN:FNM
Price:
3.24
EUR
18.25%
Market Closed
Market Cap:
€2.4B
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Fundamental Analysis
What Federal National Mortgage Association Does
Federal National Mortgage Association, better known as Fannie Mae, is a government-sponsored company that sits in the middle of the U.S. housing finance system. It does not mainly make home loans itself; instead, it buys mortgages from lenders, packages many of them into mortgage-backed securities, and guarantees payments on those securities. That helps banks and mortgage lenders keep making new loans to homebuyers and renters.
- Headquarters
- United States of America US
- Employees
- 7 000
- IPO date
- Mar 17, 1980
Financials
Revenue & Expenses Breakdown
Federal National Mortgage Association
Federal National Mortgage Association
Efficiency
Earnings Waterfall
Federal National Mortgage Association
Federal National Mortgage Association