Federal National Mortgage Association(OTC) FNMAJ

Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise established in 1938. Headquartered in Washington, D.C., the company plays a vital role in facilitating mortgage funding in the United States by converting home loans into marketable securities.

Products and Services

• Single-Family and Multifamily mortgage-backed securities
• Mortgage servicing solutions and credit risk management
• Delegated underwriting and loan servicing for multifamily mortgages

Growth Outlook

• Revenue increased to $40.8 billion in Q2 2026, up from $39.7 billion in Q1 2026
• Net income rose to $3.98 billion in Q2 2026, reflecting strong operational performance
• Operating income margin remains robust at 12.1% for Q2 2026

Financial Highlights

• Trailing twelve months (TTM) P/E ratio stands at 3.34, indicating potential value
• Net profit margin of 9.8% in Q2 2026 demonstrates effective cost management
• Cash and cash equivalents totaled $11.41 billion as of June 30, 2026

Fannie Mae operates through two primary divisions: Single-Family and Multifamily. The Single-Family division focuses on residential properties, acquiring and pooling various types of single-family mortgages for securitization. This includes loans insured by the FHA and guaranteed by the VA. The Multifamily division caters to larger residential properties, securitizing multifamily loans and enhancing the credit quality of bonds issued by housing finance authorities. The company's recent financial performance indicates a strong upward trajectory, with significant revenue growth and a solid net income. The operating income margin reflects effective management of operational costs, contributing to overall profitability. With a substantial cash reserve, Fannie Mae is well-positioned to navigate market fluctuations and capitalize on future opportunities in the mortgage sector.