Federal National Mortgage Association - Company Profile
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Business Description
Federal National Mortgage Association (Fannie Mae) is a government-sponsored, stockholder-owned corporation that provides liquidity and stability to the US housing market. It primarily operates by purchasing residential mortgage loans from lenders, placing these loans into trusts, and issuing guaranteed mortgage-backed securities (MBS) that are sold to global investors.
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Business Segments
Overview
Works with lenders to acquire and securitize multifamily mortgage loans into Fannie Mae MBS. It serves the residential housing industry, focusing on buildings with five or more units.
Performance
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Overview
Works with lenders to acquire and securitize single-family mortgage loans, issuing Fannie Mae MBS. It serves the residential mortgage industry in the US.
Performance
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