Las Vegas, NV -- (SBWIRE) -- 02/03/2014 -- Federal National Mortgage Association (OTCBB: FNMA) was formed in 1938 and is settled in Washington, the District of Columbia. The company primarily deals in providing stability and liquidation support services in the derived mortgage market of the United States.
The company usually deals in securing the mortgage loans created by the primary mortgage market lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS).
Basically, Federal National operates in three distinct market segments which are Single Family Credit Guaranty, Multi Family and Capital Markets. The usual clients of the company are mortgage banking corporations, savings and loan organizations, commercial and saving banks, credit unions, co-operative banks, insurance companies and the like.
To find out what OTCMAGIC projects Federal National Mortgage Association, for both short term and long term please click here: FNMA
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