FMCC

Federal Home Loan Mortgage Corporation

Exchange: nyse

Multiples
  • P/E: 0.30
  • P/BV: -0.11
  • P/TBV: 0.07

Description:

The ticker symbol FMCC refers to Federal National Mortgage Association, commonly known as Fannie Mae. Listed on the New York Stock Exchange (NYSE), Fannie Mae plays a pivotal role in the U.S. housing finance system by purchasing mortgages from lenders, thereby providing them with funds for new home purchases or refinancing existing mortgages. Through this mechanism, Fannie Mae helps ensure that mortgage credit is available and affordable for borrowers across the country.

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