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

Federal National Mortgage Association is a government-sponsored enterprise chartered by Congress. The Company serves as a source of liquidity for purchases of homes and financing of multifamily rental housing, as well as for refinancing existing mortgages. It operates through two segments: Single-Family and Multifamily. Its Single-Family and Multifamily segments engage in business activities that provide liquidity to the mortgage market and manage the availability and affordability of housing in the United States. The Single-Family segment operates in the secondary mortgage market relating to loans secured by properties containing four or fewer residential dwelling units. The Multifamily segment operates in the secondary mortgage market relating primarily to loans 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.

Closing Price
$2.00
Day's Change
0.03 (1.52%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.00
Day's Low
1.90
Volume
(Average)
Volume:
1,933,433

10-day average volume:
1,952,235
1,933,433

Travelers Introduces IndustryEdge(R) Program for Professional Services

9:05 am ET September 23, 2020 (BusinessWire) Print

The Travelers Companies, Inc. (NYSE: TRV) today announced the launch of IndustryEdge for Professional Services. This tailored business insurance solution offers coverages including general liability, property, commercial auto, workers compensation, professional liability and cyber to help customers mitigate industry-specific risks such as data breaches, theft and lawsuits. IndustryEdge for Professional Services is specially designed to meet the individual needs of architects, engineers, accountants, consultants, lawyers and many others.

"Professional services companies often purchase their property, casualty and professional liability policies separately, which can put them at risk of costly coverage gaps," said Matthew Marcella, Product Director, Commercial Accounts at Travelers. "By combining all of their insurance needs into one offering, we can help customers avoid those gaps while providing them with focused risk management services and coordinated claim handling."

IndustryEdge for Professional Services gives customers access to:

Local and experienced underwriters who can respond to rapidly changing insurance environments in any part of the country. Robust risk control resources that include on-site hazard recognition and exposure assessments, on-demand services with prompt access to specialized safety professionals and a collaborative learning site that helps support the execution of safety and risk control strategies. Superior claim service, providing knowledgeable professionals who understand local regulations and have the technical expertise to help customers.

"Professional services organizations build their businesses on the trust their clients place in them," said Lee Genecki, Vice President, Professional Liability, Bond & Specialty Insurance at Travelers. "This new offering will help our customers recover quickly when something goes wrong and maintain the confidence of their clients."

To learn more, contact your insurance agent or broker, or visit travelers.com/business-insurance.

About Travelers The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $32 billion in 2019. For more information, visit www.travelers.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200923005569/en/

SOURCE: The Travelers Companies, Inc.

Media: 
Kate Thermansen, 860.954.1789
ktherman@travelers.com
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