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.

Jettisoning title insurance could reduce the upfront cost, but it exposes everyone to more risk, which will ultimately force everyone to pay more for mortgages.

Fannie Mae's Embrace Of Attorney Letters Threatens To Undo A Decade Of Reforms

Consumers Now Point to Mortgage Rates, not Home Prices, as Primary Hindrance to Affordability WASHINGTON , Oct. 9, 2023 /PRNewswire/ -- The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) decreased by 2.4 points in September to 64.5, as elevated mortgage rates further dampened already-pessimistic consumer housing sentiment. Five of the HPSI's six components decreased month over month, including the components measuring perceived homebuying and home-selling conditions.

Elevated Mortgage Rates Push Housing Sentiment Even Lower

WASHINGTON, Oct. 6, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R07, an approximately $536 million note offering that represents Fannie Mae's seventh 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 $536 Million Connecticut Avenue Securities (CAS) REMIC Deal

Quarterly Survey Polls Experts' Expectations of Future Home Price Change WASHINGTON , Oct. 3, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today a partnership with Pulsenomics LLC, an independent research and consulting firm, to produce the quarterly Home Price Expectations Survey (HPES) beginning this month. The HPES polls over 100 housing experts across the industry and academia for forecasts of national home price percentage changes in each of the coming five calendar years.

Fannie Mae Announces Partnership with Pulsenomics to Produce Home Price Expectations Survey

BROOMALL, Pa.--(BUSINESS WIRE)--Xactus, the leading verification innovator for the mortgage industry, announced today that Appraisal FirewallX has met the requirements and is capable of fulfilling Fannie Mae property data collection orders. It is connecting mortgage lenders with vetted and trained property data collectors to deliver the value acceptance + property data and hybrid appraisal solutions. The company also supports Freddie Mac's ACE + PDR initiative. “At Xactus, we are focused on adv.

Xactus Announces Appraisal FirewallX is Capable of Fulfilling Fannie Mae Property Data Collection Orders

WASHINGTON , Sept. 28, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) August 2023 Monthly Summary is now available.

Fannie Mae Releases August 2023 Monthly Summary

WASHINGTON , Sept. 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-first Community Impact Pool (CIP) of non-performing loans.

Fannie Mae Announces Winner of Twenty-First Community Impact Pool of Non-Performing Loans

New Credit Education Course is One of Several Ways Fannie Mae is Working to Address the Latino Homeownership Gap in America WASHINGTON , Sept. 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced new resources and programs to provide responsible access to housing and long-term sustainable homeownership opportunities across the country for Latino communities and further the company's mission.

Fannie Mae Launches New Resources to Help Latino Communities Access Homeownership

WASHINGTON , Sept. 26, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its eighth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2023.

Fannie Mae Executes its Eighth Credit Insurance Risk Transfer Transaction of 2023 on $8.4 Billion of Single-Family Loans

It's not every day that a famous, government-sponsored company warns of a U.S. home sales slowdown. Yet, that's exactly what happened recently.

Housing Market Crash Alert: Fannie Mae Just Sounded the Alarm

US home sales are headed for the largest slowdown since 2011, according to Fannie Mae.  That's due to headwinds like higher mortgage rates, amid a weakening US economy.

The US housing market is headed for the largest sales slowdown since 2011, Fannie Mae says

Housing Faces Renewed Headwinds from 7 Percent Mortgage Rates, but Downside Risk to Home Sales is Limited WASHINGTON , Sept. 18, 2023 /PRNewswire/ -- With underlying inflation decelerating and signs that the labor market is cooling, the central question for economists remains whether the economy is headed for a soft landing or a mild recession.

Mild Recession Remains Likeliest Outcome as Inflation and Labor Markets Cool

WASHINGTON , Sept. 14, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-ninth reperforming loan sale transaction.

Fannie Mae Announces the Results of its Twenty-Ninth Reperforming Loan Sale Transaction

WASHINGTON , Sept. 12, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its thirtieth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.

Fannie Mae Announces Thirtieth Sale of Reperforming Loans

HPSI's Low-Level Plateau Continues as Consumers Remain Frustrated by Lack of Affordability WASHINGTON , Sept. 7, 2023 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) remained effectively unchanged in August, as consumer confidence toward housing continued along the low-level plateau set earlier this year.

Unusual Housing Market Dynamics Contributing to Stall in Consumer Sentiment

WASHINGTON , Sept. 1, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by natural disasters, including Hurricane Idalia, of available mortgage assistance and disaster relief options.

Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Hurricane Idalia

WASHINGTON , Aug. 25, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) July 2023 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 2023 Monthly Summary

Housing Activity Outlook Likely to be Similar Regardless of Soft Landing or Mild Recession WASHINGTON , Aug. 23, 2023 /PRNewswire/ -- Recent economic data has pointed to a stronger economy than previously expected, but the current business cycle contours still point to an eventual downturn, according to the August 2023 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. Given the recent flurry of strong consumption data combined with two consecutive months of annualized Consumer Price Index (CPI) measures coming in close to the Fed's 2 percent inflation target, the ESR Group notes that the odds of a "soft landing" have increased.

Sticking the 'Soft Landing' Remains a Difficult Task

Fannie Mae and Freddie Mac shareholders win legal victory as jury finds FHFA acted arbitrarily in entering into Net Worth Sweep. Pending equity restructuring includes warrants, common shares, junior preferred shares, and senior preferred shares. There are significant, follow on implications for other cases now that a jury has decided that the government breached the implied covenant of good faith.

DC Jury Decides GSE Shareholder Contracts Breached

Fannie Mae, or the Federal National Mortgage Association, got a boost when shareholders prevailed in a lawsuit. A federal grand jury awarded shareholders $612 million in the case.

Why Fannie Mae Stock Was Up Big Today

WASHINGTON , Aug. 14, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by natural disasters, including those affected by the ongoing wildfires in Hawaii, of available mortgage assistance and disaster relief options. Mortgage servicers are also reminded of options to assist homeowners under Fannie Mae's guidelines.

Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Catastrophic Hawaii Wildfires

WASHINGTON , Aug. 10, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its twenty-ninth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 2,030 loans, having an unpaid principal balance of approximately $414.9 million, and is available for purchase by qualified bidders.

Fannie Mae Announces Twenty-Ninth Sale of Reperforming Loans

But Only 18% Believe It's a Good Time to Buy a Home WASHINGTON , Aug. 7, 2023 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased slightly in July, as consumers' increased confidence regarding their personal financial situations was largely offset by further pessimism toward homebuying conditions. Three of the HPSI's six components increased month over month, including the components measuring job security and home price expectations.

Consumers Report Improving Job Security, Healthy Household Finances

Federal Home Loan Mortgage Corporation

Ratings agency Fitch on Wednesday downgraded U.S. mortgage finance giants Fannie Mae and Freddie Mac Long-Term Issuer Default Ratings (IDR) and senior unsecured debt ratings to 'AA+' from 'AAA' after the U.S. rating downgrade on Tuesday.

Fitch downgrades Fannie Mae, Freddie Mac after US rating cut

Federal National Mortgage Association (OTCQB:FNMA) Q2 2023 Earnings Call Transcript August 1, 2023 8:00 AM ET Company Participants Pete Bakel - Director of External Communications Priscilla Almodovar - Chief Executive Officer Chryssa Halley - Chief Financial Officer Operator Good day, and welcome to the Fannie Mae Second Quarter 2023 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.

News for Federal National Mortgage Association Stock (FNMA)