Company Data

Federal National Mortgage Association 5.50% PRF PERPETUAL USD 50

Ticker
FNMAK
Current Price
$6.36
Market Cap
$7.4B
Price Target
Refer to Report
Volume
70
52wk Range
$2.26 - $6.745
Advanced Market Data

Overview

Federal National Mortgage Association Fannie Mae is a nonbank financial services company. Its objective is to tear down barriers, lower costs, and increase the opportunities for homeownership and affordable rental housing for all Americans. The company operates in the secondary mortgage market by purchasing mortgage loans and mortgage-related securities, from mortgage market institutions, such as commercial banks, savings and loan associations, mortgage banking companies, securities dealers, and other investors. It has two business segments namely Single-Family and Multifamily. Most of the revenue is derived from the Single-Family segment.

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