Las Vegas, NV -- ( SBWIRE ) -- 05/03/2013 -- Federal National Mortgage Association (OTC:FNMA) is trading at $0.83 after gaining 1.4 percent during early morning trading. The company share traded at highest of $1.47 and lowest of $.20 during last 52 weeks.

Federal National Mortgage Association stated that balance sheet stands at $3.276 trillion. The company shared that holdings of Treasuries of the Fed are $1.836 trillion. The overnight direct loans of Fed to the banks on the discount window have averaged at $17 million a day. The value was $2 million a day formerly.

Federal National Mortgage Association is US government-sponsored business that wires liquidity and strength in secondary mortgage market. FNMA operates on market liquidity achieved by securitizing mortgage loans in the primary mortgage market. It purchases mortgage loans and securities for its portfolio.

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