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.

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.

Fannie Mae Announces Scheduled Release of Third Quarter 2024 Financial Results

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).

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

America's economy is in a better place than previously thought, new Fannie Mae research shows. The mortgage company's Economic and Strategic Research (ESR) Group released these findings Thursday (Oct. 17), based on annual revisions to national accounts and improved employment numbers in August and September.

Fannie Mae Upgrades Outlook on US Economy

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.

U.S. Economic Footing Firmer Than Previously Thought, Projected to Expand 2.3 Percent in 2024

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

Fannie Mae CEO says she has never seen a housing market like this before

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.

Fannie Mae's 'Expanded Housing Choice' Initiative Extends to All Eligible Jurisdictions Nationwide, Includes New Enhancements

Latest FNM-HPI Reading Showed Year-over-Year Increase of 5.9 Percent in Q3 2024 WASHINGTON , Oct. 15, 2024 /PRNewswire/ -- Single-family home prices increased 5.9 percent from Q3 2023 to Q3 2024, a deceleration compared to the previous quarter's downwardly revised annual growth rate of 6.4 percent, according to the latest reading of the Fannie Mae (OTCQB: FNMA) Home Price Index (FNM-HPI). The FNM-HPI is a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos.

Home Price Growth Slows but Remains Robust

WASHINGTON , Oct. 14, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by natural disasters, including those affected by Hurricane Milton, of available mortgage assistance and disaster relief options. Mortgage servicers also are reminded of options to assist homeowners under Fannie Mae's guidelines during these circumstances.

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

Federal Home Loan Mortgage Corporation

Bill Ackman is making a bold bet on these two under-the-radar stocks.

Billionaire Investor Bill Ackman Holds a 10% Stake in 2 Over-the-Counter Stocks

WASHINGTON , Oct. 10, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed a new Credit Insurance Risk Transfer™ (CIRT™) transaction. CIRT 2024-H3 transferred $160.9 million of mortgage credit risk to private insurers and reinsurers.

Fannie Mae Executes its Sixth Credit Insurance Risk Transfer Transaction of 2024 on $6.4 Billion of Single-Family Loans

WASHINGTON , Oct. 10, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-fifth non-performing loan sale transaction. The deal, announced on September 10, 2024, included the sale of 1,675 deeply delinquent loans totaling $280.0 million in unpaid principal balance (UPB), offered in one pool.

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale

WASHINGTON , Oct. 8, 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 8,721 loans, having an unpaid principal balance of approximately $1.429 billion, and is available for purchase by qualified bidders.

Fannie Mae Announces Sale of Reperforming Loans

A record number of consumers expect mortgage rates to fall over the next year. They're also bracing for an increase in home prices.

Housing sentiment jumps to highest level in over two years, Fannie Mae says

Renter Sentiment Also Up, Including Share Expecting Rates to Fall WASHINGTON , Oct. 7, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 1.8 points in September to 73.9, its highest level in more than two years, as consumers reported survey-high optimism that mortgage rates will decline over the next 12 months. In September, a record 42% of consumers said they expect mortgage rates to decline, up from 39% the month prior and 24% in June.

Housing Confidence Inches Higher Amid Record-High Optimism Toward Mortgage Rates

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided an $18,220,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan for the acquisition of a 139-unit multifamily property in Chicago, Illinois. The financing was originated by Clint Darby and Andrew Remenschneider of Greystone.

Greystone Provides $18.2 Million in Fannie Mae DUS® Financing for Multifamily Property in Chicago

WASHINGTON , Sept. 30, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by natural disasters, including those affected by Hurricane Helene, 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 Helene

WASHINGTON , Sept. 27, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  August 2024 Monthly Summary is now available.

Fannie Mae Releases August 2024 Monthly Summary

Preferred stock of Fannie Mae and Freddie Mac should rise sharply if Donald Trump wins. Recent prices are out of line with the election odds. I estimate the potential gains and losses for investors in the immediate aftermath of the election based on the 2016 and 2020 patterns.

Fannie Mae Preferreds Offer Election Opportunity

Mortgage Rates Now Forecast to Average 5.7% by End of 2025 WASHINGTON , Sept. 18, 2024 /PRNewswire/ -- Despite a significant decline in mortgage rates and improved supply in some parts of the country, existing home sales are not expected to pick up meaningfully through the remainder of 2024, with the annual pace now forecast to be the slowest since 1995, according to the September 2024 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group.

Existing Home Sales on Pace to Hit Nearly 30-Year Low, Despite Recently Lower Rates

WASHINGTON , Sept. 17, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R06, an approximately $708 million note offering that represents Fannie Mae's sixth and final CAS REMIC® transaction of the year.

Fannie Mae Prices $708 Million Connecticut Avenue Securities (CAS) REMIC Deal

Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U.S. government control of the mortgage-finance firms Fannie Mae and Freddie Mac if he wins the election, the Wall Street Journal reported on Thursday.

Trump allies are working on plans to privatize Fannie and Freddie, WSJ reports

Donald Trump's allies want once again to try to untie the Gordian knot of the mortgage market: what to do with Fannie Mae and Freddie Mac.

Trump Allies Are Working On Plans to Privatize Fannie and Freddie

WASHINGTON , Sept. 12, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its thirty-second reperforming loan sale transaction.

Fannie Mae Announces the Results of its Thirty-second Reperforming Loan Sale Transaction

2024-NPL3 Includes the Company's Twenty-Fifth Community Impact Pool Offering WASHINGTON , Sept. 10, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio, including the company's twenty-fifth Community Impact Pool (CIP).

Fannie Mae Announces Sale of Non-Performing Loans

Regional Divergence in Consumer Sentiment Likely a Function of New Supply WASHINGTON , Sept. 9, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 0.6 points in August to 72.1, as consumers reported significantly greater optimism about the future direction of mortgage rates despite showing little change in overall homebuying sentiment.

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