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FNMAL Stock Price, Chart, Stats & News
Federal National Mortgage Association
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Federal National Mortgage Association (FNMAL) does not currently pay a dividend.
6.80B
Market cap
4.64x
Current P/E
–
Forward P/E
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About
Financial Services
Sector
Financial - Mortgages
Industry
The Federal National Mortgage Association, widely known as Fannie Mae, plays a crucial role in the United States' housing finance system by ensuring the consistent availability of mortgage funding. It achieves this primarily by purchasing mortgage loans originated by various lenders and transforming them into Fannie Mae mortgage-backed securities (MBS), which are then sold to investors. Fannie Mae organizes its operations into two distinct areas: Single-Family and Multifamily.
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