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Fannie Mae Stock Information

Company Information

Federal National Mortgage Association (Fannie Mae) facilitates the flow of low-cost mortgage capital in order to increase the availability and affordability of homeownership for low-, moderate- and middle-income Americans. The Company operates under a federal charter and its primary regulator is the Office of Federal Housing Enterprise Oversight (OFHEO). Fannie Mae is a source of funds for mortgage lenders and investors, providing resources for customers to make additional mortgage loans or investments in mortgage-related securities. The Company provides liquidity to the mortgage market for the benefit of borrowers, but it does not lend money directly to consumers. The Company operates exclusively in the secondary mortgage market by purchasing mortgages and mortgage-related securities from primary market institutions, such as commercial banks, savings and loan associations, mortgage companies, securities dealers and other investors. 

What is the stock symbol for Fannie Mae? FNM

http://www.fanniemae.com

Click here for the current Fannie Mae stock price.

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