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Federal National Mortgage Association (FNMAG)

-OTC BB
4.20 Down 0.11(2.55%) 3:13PM EST
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Federal National Mortgage Association
3900 Wisconsin Avenue, NW
Washington, DC 20016
United States - Map
Phone: 202-752-7000
Website: http://www.fanniemae.com

Details 
Index Membership:N/A
Sector:N/A
Industry:N/A
Full Time Employees:7,600

Business Summary 

Federal National Mortgage Association provides liquidity and stability support services for the mortgage market in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company’s Single-Family Credit Guaranty segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S. Department of Agriculture, manufactured housing loans, and other mortgage-related securities. This segment also provides single-family mortgage servicing, REO management, and lender repurchase evaluation services. Its Multifamily segment securitizes multifamily mortgage loans into Fannie Mae MBS; purchases multifamily mortgage loans; and provides credit enhancement for bonds issued by state and local housing finance authorities to finance multifamily housing. This segment also offers delegated underwriting and servicing, and multifamily mortgage servicing services. The company’s Capital Markets segment manages its mortgage-related assets and other interest-earning non-mortgage investments. This segment provides funds to the mortgage market through short-term financing and investing activities that include whole loan conduit, early funding, real estate mortgage investment conduit and other structured securitization, and mortgage-backed securities trading transactions. The company serves mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, and state and local housing finance agencies. Federal National Mortgage Association was founded in 1938 and is based in Washington, the District of Columbia.

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Key Executives 
 PayExercised
Mr. Timothy J. Mayopoulos , 57
Chief Exec. Officer, Pres, Director and Member of Exec. Committee
648.00K0.00
Dr. David C. Benson , 56
Chief Financial Officer and Exec. VP
3.14M0.00
Mr. Andrew J. Bon Salle , 50
Exec. VP of Single-Family Underwriting, Pricing and Capital Markets
1.98M0.00
Mr. Bruce Lee ,
Sr. VP of Operations and Technology
N/AN/A
Mr. Gregory A. Fink ,
Principal Accounting Officer, Sr. VP and Controller
N/AN/A
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.