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Federal National Mortgage Association (FNMA)

Other OTC - Other OTC Delayed price. Currency in USD
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1.0300-0.0700 (-6.36%)
At close: 03:59PM EST

Federal National Mortgage Association

Midtown Center
1100 15th Street, NW
Washington, DC 20005
United States
800 232 6643

Sector(s)Financial Services
IndustryMortgage Finance
Full-time employees7,700

Key executives

NameTitlePayExercisedYear born
Mr. Hugh R. FraterCEO & Director648kN/A1956
Mr. David C. BensonPres & Interim CFO3.64MN/A1960
Ms. Kimberly H. JohnsonExec. VP & COO2.83MN/A1973
Mr. Jeffery R. HaywardExec. VP & Chief Admin. Officer2.83MN/A1956
Mr. Andrew J. Bon SalleExec. VP of Single-Family Mortgage Bus.3.3MN/A1966
Mr. Ryan Armand ZaninExec. VP & Chief Risk Officer173.29kN/A1963
Mr. Pete BakelInvestor RelationsN/AN/AN/A
Ms. Nancy JardiniSr. VP and Chief Compliance & Ethics OfficerN/AN/AN/A
Mr. Stergios TheologidesExec. VP, Gen. Counsel & Corp. Sec.N/AN/A1967
Mr. Steve JamesSr. VP & Chief Marketing OfficerN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Federal National Mortgage Association provides a source of financing for mortgages in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates in two segments, Single-Family and Multifamily. The Single-Family 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 U.S. Department of Agriculture, manufactured housing mortgage loans, and other mortgage-related securities. This segment also provides single-family mortgage servicing, as well as credit risk and loss management services. The 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 to finance multifamily housing. This segment also issues structured MBS backed by Fannie Mae multifamily MBS; buys and sells multifamily agency mortgage-backed securities; invests in low-income housing tax credit (LIHTC) multifamily projects; and offers delegated underwriting and servicing, as well as multifamily mortgage, and credit risk and loss management services. The company serves mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, private mortgage originators, and state and local housing finance agencies. Federal National Mortgage Association was founded in 1938 and is headquartered in Washington, the District of Columbia.

Corporate governance

Federal National Mortgage Association’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.