Fannie Mae Releases July 2020 Monthly Summary

Rhea-AI Summary

Fannie Mae (OTCQB: FNMA) has released its July 2020 Monthly Summary, detailing significant metrics on its mortgage portfolio. The report highlights activities related to gross mortgage holdings, mortgage-backed securities, and interest rate risk measures. It also provides updates on serious delinquency rates and loan modifications. This summary reflects Fannie Mae's ongoing efforts to support affordable housing and streamline the home buying process for Americans.

Positive

• Significant metrics on gross mortgage portfolio indicate a stable environment for housing finance.
• Ongoing support for affordable housing contributes positively to Fannie Mae's market position.

Negative

• No specific financial metrics were provided, making it difficult to assess overall performance.

WASHINGTON, Aug. 31, 2020 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) July 2020 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, serious delinquency rates, and loan modifications.

About Fannie Mae
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

Fannie Mae Newsroom
https://www.fanniemae.com/news

Photo of Fannie Mae
https://www.fanniemae.com/resources/img/about-fm/fm-building.tif

Fannie Mae Resource Center
1-800-2FANNIE

View original content:http://www.prnewswire.com/news-releases/fannie-mae-releases-july-2020-monthly-summary-301120685.html

SOURCE Fannie Mae

FAQ

What is included in Fannie Mae's July 2020 Monthly Summary?

The July 2020 Monthly Summary includes data on gross mortgage portfolio activities, mortgage-backed securities, interest rate risk measures, serious delinquency rates, and loan modifications.

How does Fannie Mae support affordable housing?

Fannie Mae partners with lenders to create housing opportunities, making the home buying process easier and more affordable for millions of Americans.

Where can I find Fannie Mae's July 2020 Monthly Summary?

The July 2020 Monthly Summary can be found on Fannie Mae's official website under the investor relations section.

What impact does the July 2020 Monthly Summary have on FNMA stock?

The metrics reported may indicate stability in Fannie Mae's mortgage activities, which could influence investor confidence in FNMA stock.