Last €1.84 EUR
Change Today -0.22 / -10.71%
Volume 446.4K
FNM On Other Exchanges
Symbol
Exchange
OTC BB
Stuttgart
As of 5:44 AM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

fannie mae (FNM) Snapshot

Open
€2.10
Previous Close
€2.06
Day High
€2.12
Day Low
€1.83
52 Week High
03/11/14 - €4.58
52 Week Low
10/1/13 - €0.94
Market Cap
10.0B
Average Volume 10 Days
115.1K
EPS TTM
--
Shares Outstanding
5.4B
EX-Date
09/7/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FANNIE MAE (FNM)

fannie mae (FNM) Details

Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support services for the mortgage market in the United States. The company 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 Department of Agriculture, manufactured housing loans, and other mortgage-related securities, as well as 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. This segment also offers debt financing structures to facilitate construction loans; 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 transactions, early funding transactions, real estate mortgage investment conduit and other structured securitization activities, and mortgage-backed securities trading services. Fannie Mae 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. The company was founded in 1938 and is based in Washington, the District of Columbia.

7,400 Employees
Last Reported Date: 02/21/14
Founded in 1938

fannie mae (FNM) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $599.6K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $2.0M
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $1.8M
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2013.

fannie mae (FNM) Key Developments

Federal National Mortgage Association Announces Terence W. Edwards Plans to Leave as Executive Vice President and Chief Operating Officer

On September 18, 2014, Terence W. Edwards, Executive Vice President and Chief Operating Officer of Fannie Mae (formally, the Federal National Mortgage Association), notified that he plans to leave the company during the first half of 2015. To ensure a smooth transition in connection with his departure, Mr. Edwards responsibilities for Fannie Maes credit portfolio management organization and for overseeing Fannie Maes work in developing and integrating to a common securitization platform were transitioned to others effective September 21, 2014. Mr. Edwards continues to be responsible for oversight of other strategic initiatives and will continue to play a role in Fannie Maes work in connection with the common securitization platform.

Federal National Mortgage Association To Sell Headquarters

Federal National Mortgage Association (OTCBB:FNMA) is planning to sell sell its headquarters. Pete Bakel, Spokesman of Federal National Mortgage Association, said that the decision to sell stemmed from two leases that will expire in coming years, deteriorating conditions in the headquarters building and the opportunity to consolidate employees from five locations into one.

Federal National Mortgage Association Presents at 20th Annual ABS East Conference, Sep-22-2014 01:40 PM

Federal National Mortgage Association Presents at 20th Annual ABS East Conference, Sep-22-2014 01:40 PM. Venue: Fontainebleau Miami Beach, 4441 Collins Avenue, Miami Beach, FL 33140, United States. Speakers: Richard A Sorkin, Senior Vice President – Single-Family Pricing Strategy and Structured Transactions.

 

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Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book NM Not Meaningful
Price/Cash Flow 0.1x
TEV/Sales NM Not Meaningful
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