FNMA Stock Recent News

Economy Remains on Strong Footing, though Core Inflation Remains Sticky WASHINGTON , Nov. 21, 2024 /PRNewswire/ -- Existing home sales are now expected to rise only 4 percent next year from a 2024 pace that is on track for a nearly 30-year low, according to the November 2024 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The downward revision to the existing home sales outlook, which was previously forecast to rise 11 percent in 2025, is the result of significant upward movement in mortgage rates and other long-duration bonds in recent weeks.

WASHINGTON , Nov. 19, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its 2025 Benchmark Securities® Issuance Calendar (PDF). The 2025 Benchmark Securities Calendar identifies at least one calendar day per month for a Fannie Mae Benchmark Notes® announcement.

Ackman and his fund Pershing Square Capital Management hold two over-the-counter stocks that have strongly benefited from Trump's win.

Investors are betting that the president-elect will push to remove the companies, from their Federal Housing Finance Administration conservatorship.

WASHINGTON , Nov. 7, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced Scott D. Stowell has been appointed to its Board of Directors.

WASHINGTON , Nov. 7, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that it has approved the Mortgage Partnership Finance® (MPF ®) Program, administered by the Federal Home Loan Bank of Chicago on behalf of six Federal Home Loan Banks, to sell loans made to Native Americans and secured by tribal trust lands under the company's Native American Conventional Lending Initiative (NACLI) program. This initial step will support Fannie Mae's ongoing pursuit of agreements with area Native American tribes and when completed, will enable MPF Program Participating Financial Institutions (PFIs) serving tribal communities to offer conventional loans on tribal trust lands.

HPSI Up Significantly from All-Time Low Recorded Two Years Ago WASHINGTON , Nov. 7, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 0.7 points in October to 74.6, pushing the measure of consumer confidence to its highest level since February 2022 and significantly higher than the all-time low recorded two years ago. In October, the share of consumers who think it's a good time to buy a home increased to 20%, while the share who think it's a good time to sell a home declined to 64%.

Donald Trump's 2024 win should boost stocks like GEO Group, CoreCivic, Target Hospitality, Affirm, Federal National Mortgage Association, and Bitcoin pre-market. GEO Group and CoreCivic benefit from Trump's policies, with potential gains similar to post-2016 election performances. Target Hospitality could see increased demand for facilities due to stricter immigration policies and more drilling activity.

WASHINGTON , Nov. 4, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its thirty-third reperforming loan sale transaction. The deal, announced on October 8, 2024, included the sale of 8,678 loans totaling $1,424,118,043 in unpaid principal balance (UPB), offered in three pools.

Federal National Mortgage Association (OTCQB:FNMA) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Priscilla Almodovar - President, Chief Executive Officer Chryssa Halley - Executive Vice President, Chief Financial Officer Pete Bakel - Director of External Communications Conference Call Participants Operator Good day and welcome to the Fannie Mae third 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.