Las Vegas, NV -- (SBWIRE) -- 01/15/2014 -- Federal National Mortgage Association (OTCBB:FNMA) also recognized as Fannie Mae offers constancy to support services in the secondary mortgage market in the United States.
Fannie Mae offers liquidity and stability support by securitizes mortgage loans initiated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities. The company operates in three segments: one related with Single-Family Credit Guaranty, second with Multifamily, and lastly with Capital Markets.
Fannie Mae’s foremost customers include mortgage banking corporations, savings and loan associations, credit unions, insurance companies, and state and local housing finance agencies. It was set up in 1938 and is centered in Washington.
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