Federal National Mortgage Association (FNMAL)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Federal National Mortgage Association (FNMAL) trades at $14.05 with AI Score 52/100 (Grade B). Federal National Mortgage Association (FNMAL) provides mortgage financing in the U. S. Market cap: $7.41B, Sector: Financial services.
Price live · AI analysis from Mar 15, 2026Analyst Coverage for FNMAL: FNMAL does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FNMAL against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
FNMAL: 3/7 perspectives are bullish. Dominant signal: Izzy Englander bearish.
How is this calculated? →Federal National Mortgage Association (FNMAL) Financial Services Profile
Federal National Mortgage Association (FNMAL) facilitates U.S. mortgage financing through securitization of loans into Fannie Mae MBS, operating in single-family and multifamily segments. With a $7.41B market cap and a P/E ratio of 2.49, the company plays a crucial role in the housing market, serving various financial institutions and housing agencies.
What Is the Investment Thesis for FNMAL?
Federal National Mortgage Association presents a compelling, albeit complex, investment case. With a market capitalization of $7.41B and a low P/E ratio of 2.49, the company appears undervalued relative to its earnings. A high gross margin of 98.0% indicates efficient operations in its securitization business. Growth catalysts include ongoing demand for mortgage financing and expansion in multifamily housing. However, potential risks include interest rate volatility, regulatory changes, and credit risk within its mortgage portfolio. Investors should closely monitor these factors to assess the long-term viability of FNMAL.
Based on FMP financials and quantitative analysis
FNMAL Key Highlights
- Market Cap of $7.41B indicates substantial size and influence within the mortgage finance sector.
- P/E Ratio of 2.49 suggests potential undervaluation compared to industry peers.
- Profit Margin of 15.2% reflects solid profitability in its core operations.
- Gross Margin of 98.0% demonstrates efficient management of securitization processes.
- Beta of 1.77 indicates higher volatility compared to the overall market, influenced by interest rate sensitivity.
Who Are FNMAL's Competitors?
FNMAL is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AMDUF Amundi S.A. | $64.90 | -22.47% | $13.29B | 49 |
| CGXYY China Galaxy Securities Co., Ltd. | $27.99 | +1.16% | $12.24B | 48 |
| CMSQF Computershare Limited | $27.23 | -1.43% | $15.75B | 46 |
| EGFEF Eurobank Ergasias Services and Holdings S.A. | $4.84 | +3.09% | $17.73B | 50 |
| FCBBF FinecoBank Banca Fineco S.p.A. | $25.00 | +9.65% | $15.30B | 48 |
| SNFCA Security National Financial Corporation | $9.86 | +1.39% | $221.25M | 73 |
| BETRW Better Home & Finance Holding Company | $0.20 | -1.46% | $441.57M | 69 |
| ECPG Encore Capital Group, Inc. | $89.85 | -0.84% | $1.93B | 66 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FNMAL's Key Strengths?
- Government-Sponsored Enterprise (GSE) status provides access to capital and regulatory advantages.
- Established infrastructure for mortgage securitization.
- Strong relationships with a wide network of lenders.
- Expertise in credit risk management.
What Are FNMAL's Weaknesses?
- Sensitivity to interest rate fluctuations.
- Exposure to credit risk in the mortgage portfolio.
- Dependence on government support and regulatory oversight.
- Complex organizational structure.
What Could Drive FNMAL Stock Higher?
- Government initiatives aimed at promoting homeownership and affordable housing.
- Expansion in the multifamily housing market driven by urbanization.
- Technological innovation to streamline mortgage securitization processes.
- Strategic partnerships with fintech companies and financial institutions.
- Enhancement of credit risk management capabilities to improve portfolio quality.
What Are the Key Risks for FNMAL?
- Financial-distress signal — its Altman Z-Score of 0.15 sits in the distress zone (elevated bankruptcy risk).
- Changes in government regulations and policies impacting GSE operations.
- Economic downturns leading to increased mortgage defaults.
- Increased competition from private securitization firms.
- Sensitivity to interest rate fluctuations affecting profitability.
- Exposure to credit risk in the mortgage portfolio.
What Are the Growth Opportunities for FNMAL?
- Expansion in Multifamily Housing: The increasing demand for affordable housing presents a significant growth opportunity for Fannie Mae's Multifamily segment. By securitizing multifamily mortgage loans and providing credit enhancement, Fannie Mae can capitalize on this trend. The market for multifamily housing is projected to grow as urbanization increases, offering a stable and expanding revenue stream for the company. Timeline: Ongoing.
- Technological Innovation: Investing in technology to streamline mortgage securitization processes can improve efficiency and reduce costs. Implementing digital platforms for loan origination, underwriting, and servicing can enhance customer experience and attract more lenders to Fannie Mae's platform. This includes AI and machine learning to improve risk assessment and fraud detection. Timeline: Ongoing.
- Strategic Partnerships: Forming partnerships with fintech companies and other financial institutions can expand Fannie Mae's reach and product offerings. Collaborating with innovative startups can provide access to new technologies and markets, while partnerships with established banks can enhance distribution channels. These alliances can create synergistic opportunities and drive growth. Timeline: Ongoing.
- Government Initiatives: Government programs aimed at promoting homeownership and affordable housing can create new opportunities for Fannie Mae. Participating in these initiatives and aligning its business strategies with government policies can drive growth and fulfill its mission of providing access to mortgage financing. This includes supporting first-time homebuyers and underserved communities. Timeline: Ongoing.
- Credit Risk Management: Enhancing credit risk management capabilities can improve the quality of Fannie Mae's mortgage portfolio and reduce potential losses. Implementing advanced analytics and risk assessment models can help identify and mitigate credit risks. This includes diversifying the mortgage portfolio and stress-testing its resilience to economic downturns. Timeline: Ongoing.
What Opportunities Does FNMAL Have?
- Expansion in the multifamily housing market.
- Technological innovation to improve efficiency.
- Strategic partnerships with fintech companies.
- Government initiatives promoting homeownership.
What Threats Does FNMAL Face?
- Changes in government regulations and policies.
- Economic downturns impacting the housing market.
- Increased competition from private securitization firms.
- Interest rate volatility.
What Are FNMAL's Competitive Advantages?
- Government-Sponsored Enterprise (GSE) status provides a significant competitive advantage.
- Established relationships with a wide network of lenders and financial institutions.
- Expertise in mortgage securitization and risk management.
- Brand recognition and trust in the Fannie Mae MBS brand.
What Does FNMAL Do?
Founded in 1938 and headquartered in Washington, D.C., Federal National Mortgage Association, commonly known as Fannie Mae, plays a central role in the United States housing finance system. The company operates by securitizing mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (MBS). This process provides liquidity to the mortgage market, enabling lenders to offer more mortgages to homebuyers. Fannie Mae operates through two primary segments: Single-Family and Multifamily. The Single-Family segment focuses on securitizing and purchasing single-family mortgage loans, including fixed-rate, adjustable-rate, and government-insured loans. The Multifamily segment securitizes multifamily mortgage loans and provides credit enhancement for bonds issued by state and local housing finance authorities. Fannie Mae serves a wide array of clients, including mortgage banking companies, savings and loan associations, commercial banks, credit unions, and state and local housing finance agencies. Its activities are critical for ensuring a stable and accessible housing market in the United States.
What Products and Services Does FNMAL Offer?
- Securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (MBS).
- Purchases single-family and multifamily mortgage loans.
- Provides credit enhancement for bonds issued by state and local housing finance authorities.
- Offers delegated underwriting and servicing for multifamily mortgages.
- Invests in low-income housing tax credit (LIHTC) multifamily projects.
- Provides single-family mortgage servicing, as well as credit risk and loss management services.
How Does FNMAL Make Money?
- Generates revenue by charging fees for securitizing mortgage loans into Fannie Mae MBS.
- Earns income from the interest rate spread between the mortgages it holds and the securities it issues.
- Provides credit enhancement services for multifamily housing bonds, earning fees for risk management.
- Invests in low-income housing tax credit (LIHTC) projects, generating returns from tax credits and rental income.
What Industry Does FNMAL Operate In?
Federal National Mortgage Association operates within the financial mortgages industry, which is heavily influenced by interest rates, housing market trends, and government regulations. The industry is characterized by intense competition among mortgage lenders, government-sponsored enterprises (GSEs), and private securitization firms. As a GSE, Fannie Mae plays a crucial role in providing liquidity and stability to the mortgage market. The company's performance is closely tied to the overall health of the U.S. housing market, with trends such as rising home prices and increasing mortgage rates impacting its business.
Who Are FNMAL's Key Customers?
- Mortgage banking companies
- Savings and loan associations
- Commercial banks
- Credit unions
- State and local housing finance agencies
Company Profile
Federal National Mortgage Association operates in the Financial - Mortgages industry within the Financial Services sector. It is headquartered in Washington, US. The company is led by CEO Peter Andrew Akwaboah. FNMAL has traded publicly since 2003.
How Federal National Mortgage Association Is Valued
Federal National Mortgage Association carries a market capitalization of $7.41B, placing it in the mid-cap category. Relative to its peer group, FNMAL's quantitative score of 52/100 is roughly in line with the peer average of 48/100.
ROE 13%Key Financial Metrics
Return on equity for Federal National Mortgage Association stands at 13.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.3%, showing how much profit it generates from its asset base. FNMAL trades at a trailing price-to-earnings ratio of 2.84, below the Financial Services sector average of ~18x. A current ratio of 0.71 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 35.2%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
Federal National Mortgage Association's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.15 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Federal National Mortgage Association revenue of about $29.26B for fiscal 2026, with EPS near $2.54. The estimate reflects 5 contributing analysts.
FNMAL Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- FNMAL's role in housing finance makes it a bellwether for the entire sector; positive housing data could drive renewed interest.
- Recent community chatter suggests a growing belief that government policy shifts might favor FNMAL's long-term stability.
- Insider activity, while not always predictive, hints at confidence from within the company about its future prospects.
- The overall market perception seems to be shifting towards viewing housing as a more resilient sector than previously anticipated.
Bear Case
- Uncertainty about future interest rate hikes continues to cast a shadow over the housing market and FNMAL's profitability.
- Community sentiment reveals concerns about potential regulatory changes that could negatively impact FNMAL's business model.
- There's a lingering perception that FNMAL's reliance on government support makes it vulnerable to political and economic shifts.
- The broader market's volatility creates an environment where even fundamentally sound companies like FNMAL can experience significant price swings.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
FNMAL Latest News
-
Fannie Mae Releases May 2026 Monthly Summary
PR Newswire · Jun 26, 2026
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Fannie, Freddie Stock Drops on Pulte’s National Intelligence Appointment
The Wall Street Journal · Jun 2, 2026
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Housing chief to top spy: Pulte named acting DNI in historic shakeup
Investing.com · Jun 2, 2026
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Homebuyers Hammered as War-Fueled Bond Rout Drives Up Rates
Bloomberg · May 21, 2026
FNMAL Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FNMAL.
Price Targets
Wall Street price target analysis for FNMAL.
FNMAL MoonshotScore
What does this score mean?
The MoonshotScore rates FNMAL's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Fannie Mae Releases May 2026 Monthly Summary
Fannie, Freddie Stock Drops on Pulte’s National Intelligence Appointment
Housing chief to top spy: Pulte named acting DNI in historic shakeup
Homebuyers Hammered as War-Fueled Bond Rout Drives Up Rates
Leadership: Peter Andrew Akwaboah
CEO
Peter Andrew Akwaboah is the Chief Executive Officer of Federal National Mortgage Association. His extensive background in financial services and risk management positions him well to lead the organization. Prior to this role, he held leadership positions at major financial institutions, focusing on strategic planning, operational efficiency, and regulatory compliance. His experience includes overseeing large-scale mortgage operations and implementing innovative solutions to enhance customer experience and streamline processes.
Track Record: Under Peter Andrew Akwaboah's leadership, Federal National Mortgage Association has focused on enhancing its risk management capabilities and improving operational efficiency. Key achievements include streamlining the mortgage securitization process and strengthening relationships with lenders. His strategic decisions have contributed to maintaining stability in the housing finance system and supporting access to affordable housing.
FNMAL OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Federal National Mortgage Association may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting, making it more challenging for investors to assess their financial health and operational performance compared to companies listed on major exchanges like NYSE or NASDAQ. This tier often includes companies with distressed financials, shell corporations, or those that choose not to comply with stricter reporting standards.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in FNMAL.
- Lower trading volume and liquidity can lead to increased price volatility.
- Potential for delisting or suspension from the OTC market due to non-compliance.
- Higher risk of fraud or manipulation compared to listed exchanges.
- OTC stocks are generally more speculative and carry greater investment risk.
- Verify the company's financial statements and SEC filings (if available).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's legal and regulatory compliance.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- Understand the risks associated with OTC investments.
- Established history as a government-sponsored enterprise (GSE).
- Role in supporting the U.S. housing market.
- Oversight by federal regulators.
- Continued operation despite OTC listing.
- Publicly available information, even if limited.
FNMAL Financial Services Stock FAQ
What does Federal National Mortgage Association do?
Federal National Mortgage Association (Fannie Mae) operates as a government-sponsored enterprise (GSE) to provide liquidity and stability to the U.S. mortgage market. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (MBS), which are then sold to investors. This process allows lenders to replenish their funds and offer more mortgages to homebuyers. Fannie Mae also purchases mortgage loans and provides credit enhancement for multifamily housing bonds, playing a crucial role in supporting affordable housing and homeownership.
What are the main risks for FNMAL?
The main risks for Federal National Mortgage Association include sensitivity to interest rate fluctuations, which can impact its profitability and net interest margin. Credit risk within its mortgage portfolio is another significant concern, as economic downturns can lead to increased mortgage defaults. Changes in government regulations and policies also pose a risk, as they can impact Fannie Mae's operations and competitive landscape. Additionally, increased competition from private securitization firms could erode its market share.
What are the key factors to evaluate for FNMAL?
Federal National Mortgage Association (FNMAL) holds an AI score of 52/100 (moderate). Not financial advice.
How frequently does FNMAL data refresh on this page?
FNMAL prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FNMAL's recent stock price performance?
Federal National Mortgage Association (FNMAL) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Government-Sponsored Enterprise (GSE) status provides access to capital and regulatory advantages. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FNMAL overvalued or undervalued right now?
Valuing Federal National Mortgage Association (FNMAL) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FNMAL?
Before investing in Federal National Mortgage Association (FNMAL), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding FNMAL to a portfolio?
Key strength of Federal National Mortgage Association (FNMAL): Government-Sponsored Enterprise (GSE) status provides access to capital and regulatory advantages. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for FNMAL, limiting the depth of some sections.
- OTC market data may have limited availability and reliability.