FNMA Stock Recent News

WASHINGTON , Oct. 31, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its third quarter 2024 financial results and filed its Third Quarter 2024 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended September 30, 2024.

WASHINGTON , Oct. 29, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  September 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.

WASHINGTON , Oct. 28, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced changes to the eligibility requirements for Value Acceptance (previously known as appraisal waivers) and Value Acceptance + Property Data (also known as inspection-based appraisal waivers), two key components of the company's valuation modernization options. The changes are part of Fannie Mae's ongoing efforts to offer a balance of traditional appraisals and appraisal alternatives to confirm a property's value in order to meet the needs of the market.

New Enhancements Introduced to the CIRT Structure WASHINGTON , Oct. 25, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its seventh Credit Insurance Risk Transfer™ (CIRT™) transaction of the year. CIRT 2024-L4 transferred $338.6 million of mortgage credit risk to private insurers and reinsurers.

Company to Host Conference Call WASHINGTON , Oct. 24, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its third quarter 2024 financial results on Thursday morning, October 31, 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.

WASHINGTON , Oct. 24, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-fifth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on December 20, 2024, and includes 29 deeply delinquent loans totaling $7.2 million in unpaid principal balance (UPB).

Investors are positioning their portfolios for the political regime to come.

Home Price Growth Expected to Decelerate in 2025 as Affordability Remains Stretched WASHINGTON , Oct. 17, 2024 /PRNewswire/ -- Following annual revisions to the national accounts and an improvement in payroll employment growth in both August and September, the economy now appears to be on firmer footing than previously thought, according to the October 2024 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. While the ESR Group still expects economic growth to slow from the robust 3.2 percent pace recorded in 2023, the degree of expected slowing is smaller; growth in 2024 and 2025 is now expected to be 2.3 percent and 2.0 percent, respectively, near the long-run trend growth rate.

Fannie Mae CEO Priscilla Almodovar talks to MarketWatch about how the lock-in effect, high mortgage rates and climate risk are affecting home buyers.

Previously Available in North Carolina and Texas, EHC Program Supports Property Owners and Renters in All Markets that Lack Source of Income Protections WASHINGTON , Oct. 15, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced enhancements to its Expanded Housing Choice (EHC) initiative, including that it is now available in all jurisdictions without source of income protections, for new loans to multifamily property owners who accept U.S. Department of Housing and Urban Development (HUD) Housing Choice Vouchers (HCVs). The Housing Choice Voucher federal program helps very-low-income families, senior citizens, and people with disabilities afford stable and quality housing in the private market.