New York, NY -- (ReleaseWire) -- 03/26/2013 --Federal National Mortgage Association (OTCQB: FNMA) traded at $ 0.83 in the last session, which is +0.037 (4.67%). The stock has a Range of 0.78 - 0.88. The stock has a 52 week low and high of 0.09 - 1.47 respectively. The stock has a Market Cap of 961.20M. The stock traded a volume of 39.41M. The stock has a 30 day average volume of 21.42M.
Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise (GSE) chartered by the United States Congress to support liquidity and stability in the secondary mortgage market, where mortgage-related assets are purchased and sold. The Company’s activities include providing market liquidity by securitizing mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS), and purchasing mortgage loans and mortgage-related securities in the secondary market for its mortgage portfolio.
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AMR Corporation (OTCQB: AAMRQ) subsidiary American Airlines and US Airways Group Inc. have added to the integration team that will be handling the $11 billion merger of the two carriers, according to a report from the Dallas Morning News, a news outlet based in the Dallas-Fort Worth, Texas, area, where the combined company will keep its headquarters.
AMR Corporation operates in the airline industry. The company, through its subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia; and operates as a scheduled air freight carrier, which provides a range of freight and mail services to shippers.
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