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Federal National Mortgage Assoc. - Specimen Stock Certificate

Inv# SE3522   Specimen Stock
State(s): New York
Years: 1938
Color: Blue, Brown or Green

Specimen Stock printed by Security-Columbian Banknote Company. Please specify color.

The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal,[3] the corporation's purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS), allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts"). Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. In 2023, with over $4.3 trillion in assets, Fannie Mae is the largest company in the United States and the fourth largest company in the world, by assets. Fannie Mae was ranked number 28 on the Fortune 500 rankings of the largest United States corporations by total revenue and was ranked number 75 on the Fortune Global 500 rankings of the largest global corporations by total revenue. More information available at https://en.wikipedia.org/wiki/Fannie_Mae

Condition: Excellent

Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firms products. These are usually marked "Specimen" and have no serial numbers.

Item ordered may not be exact piece shown. All original and authentic.
Price: $55.00