FNMA Stock Recent News

WASHINGTON , Aug. 13, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its most recent 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 3,119 loans, having an unpaid principal balance of approximately $611.2 million, and is available for purchase by qualified bidders.

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.

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.

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

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.

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.

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.

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.

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.