Federal National Mortgage Association
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Financials : Thrifts & Mortgage Finance | Small Cap Value
Company profile

Federal National Mortgage Association is engaged in a source of financing for mortgages and is a government-sponsored enterprise chartered by Congress. The Company operates through two segments: Single-Family and Multifamily. The Single-Family segment operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily segment operates in the secondary mortgage market relating primarily to multifamily mortgage loans, which are secured by properties containing five or more residential units. The Company funds its business primarily through the issuance of short-term and long-term debt securities in the domestic and international capital markets. Its geographical distribution includes California, Florida, Illinois, New Jersey and New York.

This security is a preferred stock
Closing Price
$4.30
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
860
0

MFA Financial Inc. Stock Outperforms Competitors On Strong Trading Day

5:07 pm ET July 5, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of MFA Financial Inc. MFA rallied 2.33% to $11.41 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.75% to 11,322.24 and the Dow Jones Industrial Average DJIA falling 0.42% to 30,967.82. This was the stock's second consecutive day of gains. MFA Financial Inc. closed $7.99 below its 52-week high ($19.40), which the company achieved on September 2nd.

The stock outperformed some of its competitors Tuesday, as PennyMac Mortgage Investment Trust PMT rose 1.67% to $14.58, Invesco Mortgage Capital Inc. IVR rose 1.95% to $15.68, and New York Mortgage Trust Inc. NYMT rose 0.70% to $2.86. Trading volume (1.3 M) remained 635,217 below its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled July 5, 2022.

	

(END) Dow Jones Newswires

July 05, 2022 17:07 ET (21:07 GMT)

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