Last $3.15 USD
Change Today -0.15 / -4.55%
Volume 21.6M
FNMA On Other Exchanges
Symbol
Exchange
OTC BB
Stuttgart
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

fannie mae (FNMA) Snapshot

Open
$3.28
Previous Close
$3.30
Day High
$3.28
Day Low
$3.13
52 Week High
03/11/14 - $6.35
52 Week Low
09/25/13 - $1.26
Market Cap
17.1B
Average Volume 10 Days
9.3M
EPS TTM
$-0.19
Shares Outstanding
5.4B
EX-Date
09/7/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FANNIE MAE (FNMA)

fannie mae (FNMA) 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 (FNMA) 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 (FNMA) Key Developments

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.

Fannie Mae Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014; Announces Net Other-Than-Temporary Impairments for the Second Quarter Ended June 30, 2014

Fannie Mae announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, total interest income was $28,746 million against $28,978 million for the same period of last year. Net interest income was $4,904 million against $5,667 million for the same period of last year. Income before federal income taxes was $5,419 million against $12,080 million for the same period of last year. Net income attributable to Fannie Mae was $3,666 million against $10,084 million for the same period of last year. Net loss attributable to common stockholders was $46 million against $159 million for the same period of last year. Loss per basic and diluted share was $0.01 against $0.03 for the same period of last year. The decrease was due primarily to a decline in the amount of income recognized by the company from settlement agreements related to private-label mortgage-related securities sold to the company. For the six months, total interest income was $57,925 million against $59,158 million for the same period of last year. Net interest income was $9,642 million against $11,971 million for the same period of last year. Income before federal income taxes was $13,328 million against $20,194 million for the same period of last year. Net income attributable to Fannie Mae was $8,991 million against $68,769 million for the same period of last year. Net loss attributable to common stockholders was $413 million against $842 million for the same period of last year. Loss per basic and diluted share was $0.07 against $0.15 for the same period of last year. Net cash provided by operating activities was $3,420 million against $4,802 million for the same period of last year. For the quarter, the company announced net other-than-temporary impairments were $23 million against $6 million for the same period of last year.

Fannie Mae Expects to Pay Dividend on Senior Preferred Stock

Fannie Mae reported a positive net worth of $6.1 billion as of June 30, 2014 and expects to pay $3.7 billion to Treasury in September 2014 as a dividend on the senior preferred stock.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FNMA:US $3.15 USD -0.15

FNMA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
China Merchants Bank Co Ltd CNY10.62 CNY +0.05
Federal Home Loan Mortgage Corp $3.18 USD -0.10
Genworth Financial Inc $13.19 USD -0.07
Societe Generale SA €41.39 EUR -0.15
View Industry Companies
 

Industry Analysis

FNMA

Industry Average

Valuation FNMA Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book NM Not Meaningful
Price/Cash Flow 0.2x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FANNIE MAE, please visit www.fanniemae.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.