Federal National Mortgage Association

Earnings data Q4 2019

Earnings data Q1 2020

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Federal National Mortgage Association is a government-sponsored company, which engages in the provision of liquidity for purchases of homes and financing of multifamily rental housing and refinancing existing mortgages. It operates through the Single-Family and Multifamily segments. The Single-Family segment offers liquidity to the mortgage market and increases the availability and affordability of housing for single families. The Multifamily segment includes guaranty fees on mortgages and on multifamily mortgage loans. The company was founded in 1938 and is headquartered in Washington, DC.

Panel Also Shares Thoughts on Most Impactful Potential Policy Reforms to Boost Housing Supply WASHINGTON , Sept. 5, 2024 /PRNewswire/ -- Following home price growth of 6.0% in 2023, a panel of housing experts forecasts annual national home price growth of 4.7% in 2024 and 3.1% in 2025, according to the Q3 2024 Fannie Mae (OTCQB: FNMA) Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics, LLC.

Expert Panel Predicts Home Price Growth Will Decelerate in 2024 and 2025

WASHINGTON , Aug. 28, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  July 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Fannie Mae Releases July 2024 Monthly Summary

Notification and Grace Period Lease Requirements for New Multifamily Loans Begin February 2025 WASHINGTON , Aug. 28, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today released additional information regarding new protections for tenants in multifamily properties with mortgages backed by Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSEs). The protections are included in the Enterprise Multifamily Lease Standards Policy for multifamily housing providers (borrowers), announced on July 12, 2024 by the Federal Housing Finance Agency (FHFA).

Fannie Mae Announces New Plans for Tenant Protections at GSE-Financed Multifamily Properties

Federal Home Loan Mortgage Corporation

Fannie Mae and Freddie Mac have been trapped in conservatorship since 2008, with the government aggressively manipulating asset values to justify seizing control early in conservatorship. The Trump administration began recapitalization efforts, and under Biden, earnings have continued to accumulate, positioning the GSEs for a potential exit from conservatorship. Moelis' 2024 update suggests a new administration could quickly restructure Fannie and Freddie, with junior preferred shareholders likely to be made whole.

Future Of Fannie Mae And Freddie Mac Post-2024 Election

NEW YORK, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $21,503,000 in Fannie Mae Delegated Underwriting & Servicing (DUS®) loans to refinance two multifamily properties in New York City's Harlem neighborhood. The financing was originated by Avi Kozlowski, a Managing Director at Greystone on behalf of Josef Goodman of Haussman Development.

Greystone Provides $21.5 Million in Fannie Mae DUS® Financing for Multifamily Portfolio in Harlem

Despite Recent Decline in Mortgage Rates, Existing Home Sales Likely to Remain Weak WASHINGTON , Aug. 21, 2024 /PRNewswire/ -- Despite the recent pullback in mortgage rates, total home sales are expected to come in lower than previously forecast through the rest of 2024, and then not pick up meaningfully until further out in 2025, according to the  August 2024 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group notes that purchase mortgage applications have barely budged in response to the more favorable rate environment, and high-frequency measures of home purchase demand, including mortgage applications, showing requests, and listings views, remain below year-ago levels.

Sluggish Home Sales Expected as Consumers Hold Out for Improved Affordability

Freddie Mac and Fannie Mae are speculative investments due to potential government decisions, offering high-risk and high potential reward for investors. Privatization of the GSEs, a potential positive catalyst, could occur if Trump wins the 2024 Presidential election. The valuations of the GSEs are low, leaving plenty of upside potential for the stocks from any positive catalysts.

Freddie Mac And Fannie Mae: High Risk, High Potential Reward Speculation

NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided an $18,620,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan for the acquisition of a 204-unit multifamily property in Fort Worth, Texas. The financing was originated by John Williams, Managing Director at Greystone.

Greystone Provides $18.6 Million in Fannie Mae DUS® Financing for Affordable Housing Property in Fort Worth, Texas

Consumers are feeling frustrated by the housing market as home prices march to new heights, a new survey says.

Consumers feel frustrated with the housing market. Buying a house is unaffordable, Fannie Mae says.

Only 17% Say It's a 'Good Time' to Buy, Despite Known Aspiration to Own WASHINGTON , Aug. 7, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 1.1 points in July to 71.5, as an overall lack of affordability continues to hamstring consumer sentiment toward the housing market. This month, only 17% of consumers indicated that it's a good time to buy a home, down from 19% in June, while the share believing it's a good time to sell decreased from 66% to 65%.

Frustration Evident in Consumer Housing Sentiment

Mortgage financing firms Fannie Mae and Freddie Mac are set to impose stricter rules for commercial property lenders and brokers, following a budding regulatory crackdown on fraud in the multi-trillion dollar market, the Wall Street Journal reported on Monday.

Fannie Mae, Freddie Mac set to tighten real-estate lending rules, WSJ reports

Fannie Mae and Freddie Mac are preparing to impose stricter rules for commercial-property lenders and brokers, following a budding regulatory crackdown on fraud in the multitrillion-dollar market.

Fannie, Freddie Are Poised to Tighten Real-Estate Lending Rules

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $74,576,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance a 672-unit multifamily property in Burleson, Texas. The financing was originated by Avi Kozlowski, a Managing Director at Greystone.

Greystone Provides $74.6 Million in Fannie Mae DUS® Financing for Multifamily Property in Fort Worth, Texas

Federal National Mortgage Association (OTCQB:FNMA) Q2 2024 Earnings Conference Call July 30, 2024 8:00 AM ET Company Participants Pete Bakel - Director of External Communications Priscilla Almodovar - President and CEO Chryssa Halley - CFO Conference Call Participants Operator Good day, and welcome to the Fannie Mae Second Quarter 2024 Financial Results Conference Call. At this time, I will now turn it over to your host, Pete Bakel, Fannie Mae's Director of External Communications.

Federal National Mortgage Association (FNMA) Q2 2024 Earnings Call Transcript

WASHINGTON , July 30, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its second quarter 2024 financial results and filed its Second Quarter 2024 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended June 30, 2024.

Fannie Mae Reports Net Income of $4.5 Billion for Second Quarter 2024

WASHINGTON , July 29, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) June 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Fannie Mae Releases June 2024 Monthly Summary

NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $14,500,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance a 216-unit multifamily property in Hoover, Alabama. The financing was originated by Rob Meehan, Managing Director at Greystone, with HKS Capital Partners acting as correspondent.

Greystone Provides $14.5 Million in Fannie Mae DUS® Financing for Multifamily Property in Birmingham, Alabama

Company to Host Conference Call WASHINGTON , July 23, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its second quarter 2024 financial results on Tuesday morning, July 30, 2024, before the opening of U.S. financial markets. Fannie Mae has scheduled a conference call to discuss the company's results at 8:00 a.m.

Fannie Mae Announces Scheduled Release of Second Quarter 2024 Financial Results

Investors in mortgage-finance giants Fannie Mae and Freddie Mac have made a killing this year, as the penny stocks have been bid up on hopes that Donald Trump would end the federal government's conservatorship of the companies during a second term in office.

Don't listen to those promoting a ‘Trump trade' on Fannie Mae, Freddie Mac stock: analyst

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $15,486,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance a 252-unit multifamily property in Albany, Georgia. The financing was originated by Rob Meehan and Avrom Forman, both Managing Directors at Greystone, with Yehuda Heller of Seven Stone Capital acting as correspondent.

Greystone Provides $15.5 Million in Fannie Mae DUS® Financing for Multifamily Property in Albany, Georgia

$250 Million Transaction Complements Fannie Mae's Multifamily Credit Insurance Risk Transfer and Delegated Underwriting and Servicing Loss-Sharing Programs WASHINGTON , July 22, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced its fourth Multifamily Connecticut Avenue Securities® (MCAS™) transaction, MCAS Series 2024-01, a $250 million note offering. MCAS, Fannie Mae's issuance program designed to share credit risk on its multifamily conventional guaranty book of business, complements the successful risk sharing in its Delegated Underwriting and Servicing (DUS®) and Multifamily Credit Insurance Risk Transfer (MCIRT™) programs.

Fannie Mae Prices Fourth Multifamily Connecticut Avenue Securities Deal

WASHINGTON , July 18, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities® (CAS) Series 2024-R05, an approximately $659 million note offering that represents Fannie Mae's fifth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Fannie Mae Prices $659 Million Connecticut Avenue Securities (CAS) REMIC Deal

Company Earns Top Score on the Disability Equality Index for Fifth Consecutive Year WASHINGTON , July 18, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced it has been named a Best Place to Work for Disability Inclusion by Disability:IN, receiving a top score of 100 on the 2024 Disability Equality Index ® (DEI®) for its efforts to foster an inclusive workplace. "We are honored to be recognized as a 'Best Place to Work for Disability Inclusion' by the 2024 Disability Equality Index for the fifth year in a row," said Sharifa A.

Fannie Mae Named 'Best Place to Work for Disability Inclusion' by Disability:IN

Latest FNM-HPI Reading Showed Year-over-Year Increase of 6.9 Percent in Q2 2024 WASHINGTON , July 18, 2024 /PRNewswire/ -- Single-family home prices increased 6.9 percent from Q2 2023 to Q2 2024, down from the previous quarter's upwardly revised annual growth rate of 7.3 percent, according to Fannie Mae's (OTCQB: FNMA) latest Home Price Index (FNM-HPI) reading, a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos. On a quarterly basis, home prices rose a seasonally adjusted 1.3 percent in Q2 2024, down from the revised 2.0 percent growth in Q1 2024.

Home Prices Advance Another 3 Percent in Second Quarter, Show Signs of Slowing

WASHINGTON , July 17, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by disasters of available mortgage assistance and disaster relief options given the forecasted hurricane and wildfire seasons, including Hurricane Beryl and California wildfires. Mortgage servicers also are reminded of options to assist homeowners under Fannie Mae's guidelines during these circumstances.

News for Federal National Mortgage Association Stock (FNMA)