Federal National Mortgage Association(OTC) FNMAG

Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise that provides liquidity for home purchases and financing for multifamily rental housing. Established in 1938 and headquartered in Washington, DC, the company plays a crucial role in enhancing the availability and affordability of housing in the United States.

Products and Services

• Liquidity provision for the mortgage market
• Financing options for multifamily rental housing
• Refinancing solutions for existing mortgages

Growth Outlook

• Revenue increased to $40.8 billion in Q2 2026
• Net income reached $3.98 billion in the same quarter
• Strong operating income margin of 12.1% indicates robust profitability

Financial Highlights

• Trailing twelve months (TTM) revenue of $162.4 billion
• Net profit margin of 9.34% reflects effective cost management
• Operating cash flow of $9.25 billion in Q2 2026 demonstrates strong cash generation

Fannie Mae operates through two primary segments: Single-Family and Multifamily. The Single-Family segment focuses on providing liquidity to the mortgage market, while the Multifamily segment generates revenue through guaranty fees on multifamily mortgage loans. The company's recent financial performance showcases its ability to generate substantial revenue and maintain profitability, even in a fluctuating market environment. The growth outlook appears promising, with significant revenue increases and a solid net income reported in the latest quarterly results. The operating income margin indicates that the company is effectively managing its expenses while capitalizing on its core business operations. Investors may find Fannie Mae's role in the housing finance market appealing, given its established history and ongoing commitment to enhancing housing affordability in the U.S.