David C. Benson
Net Worth
Last updated:
What is David C. Benson net worth?
The estimated net worth of Mr. David C. Benson is at least $124,059,406 as of 20 May 2013. He owns shares worth $204,761 as insider, has earned $94,645 from insider trading and has received compensation worth at least $123,760,000 in Federal National Mortgage Association and Federal National Mortgage Association.
What is the salary of David C. Benson?
Mr. David C. Benson salary is $3,640,000 per year as Pres in Federal National Mortgage Association. He also receives $3,640,000 as Pres in Federal National Mortgage Association.
How old is David C. Benson?
Mr. David C. Benson is 65 years old, born in 1960.
What stocks does David C. Benson currently own?
As insider, Mr. David C. Benson owns shares in 2 companies:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Federal National Mortgage Association (FNMA) | Pres | 6,010 | $10.97 | $65,930 |
| Federal National Mortgage Association (FNMAP) | Pres | 6,010 | $23.1 | $138,831 |
What does Federal National Mortgage Association do?
Federal National Mortgage Association provides a source of financing for mortgages in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates through two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S. Department of Agriculture, manufactured housing mortgage loans, and other mortgage-related securities. This segment also provides single-family mortgage servicing, as well as credit risk and loss management services. The Multifamily segment securitizes multifamily mortgage loans into Fannie Mae MBS; purchases multifamily mortgage loans; and provides credit enhancement for bonds issued by state and local housing finance authorities to finance multifamily housing. This segment also issues structured MBS backed by Fannie Mae multifamily MBS; buys and sells multifamily agency mortgage-backed securities; invests in low-income housing tax credit (LIHTC) multifamily projects; and offers delegated underwriting and servicing, as well as multifamily mortgage, and credit risk and loss management services. The company serves mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, private mortgage originators, and state and local housing finance agencies. Federal National Mortgage Association was founded in 1938 and is headquartered in Washington, the District of Columbia.
What does Federal National Mortgage Association do?
Federal National Mortgage Association provides a source of financing for mortgages in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates through two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S. Department of Agriculture, manufactured housing mortgage loans, and other mortgage-related securities. This segment also provides single-family mortgage servicing, as well as credit risk and loss management services. The Multifamily segment securitizes multifamily mortgage loans into Fannie Mae MBS; purchases multifamily mortgage loans; and provides credit enhancement for bonds issued by state and local housing finance authorities to finance multifamily housing. This segment also issues structured MBS backed by Fannie Mae multifamily MBS; buys and sells multifamily agency mortgage-backed securities; invests in low-income housing tax credit (LIHTC) multifamily projects; and offers delegated underwriting and servicing, as well as multifamily mortgage, and credit risk and loss management services. The company serves mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, private mortgage originators, and state and local housing finance agencies. Federal National Mortgage Association was founded in 1938 and is headquartered in Washington, the District of Columbia.
David C. Benson insider trading
Federal National Mortgage Association
Mr. David C. Benson has made 4 insider trades between 2008-2013, according to the Form 4 filled with the SEC. Most recently he sold 6,010 units of FNMA stock worth $8,775 on 20 May 2013.
The largest trade he's ever made was exercising 18,806 units of FNMA stock on 10 Sep 2008. As of 20 May 2013 he still owns at least 6,010 units of FNMA stock.
Federal National Mortgage Association
Mr. David C. Benson has made 4 insider trades between 2008-2013, according to the Form 4 filled with the SEC. Most recently he sold 6,010 units of FNMAP stock worth $8,775 on 20 May 2013.
The largest trade he's ever made was exercising 18,806 units of FNMAP stock on 10 Sep 2008. As of 20 May 2013 he still owns at least 6,010 units of FNMAP stock.
Federal National Mortgage Association key executives
Federal National Mortgage Association executives and other stock owners filed with the SEC:
- Mr. Andrew J. Bon Salle (59) Executive Vice President of Single-Family Mortgage Bus.
- Mr. David C. Benson (65) Pres
- Mr. Hugh R. Frater (69) Chief Executive Officer & Director
- Mr. Jeffery R. Hayward (69) Executive Vice President & Chief Admin. Officer
- Mr. Ryan Armand Zanin (62) Executive Vice President & Chief Risk Officer
- Ms. Kimberly H. Johnson (52) Executive Vice President & Chief Operating Officer