Fannie Mae Releases March 2021 Monthly Summary

Rhea-AI Summary

On April 30, 2021, Fannie Mae (OTCQB: FNMA) released its March 2021 Monthly Summary, detailing activities related to its gross mortgage portfolio, mortgage-backed securities, and other guarantees. Key metrics include updates on serious delinquency rates, loan modifications, and interest rate risk measures. This summary serves to inform stakeholders of the organization's financial health and operational performance in the housing market, as it continues to facilitate affordable housing opportunities across the U.S.

Positive

• Continued support for affordable housing initiatives.
• Detailed metrics available for stakeholders, enhancing transparency.

Negative

• Serious delinquency rates may indicate financial distress in the mortgage sector.
• Loan modifications could suggest a rise in borrower defaults.

WASHINGTON, April 30, 2021 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) March 2021 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 people in America. 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/newsroom

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

Fannie Mae Resource Center
1-800-2FANNIE

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SOURCE Fannie Mae

FAQ

What does Fannie Mae's March 2021 Monthly Summary report include?

It includes data on gross mortgage portfolio activities, mortgage-backed securities, serious delinquency rates, and loan modifications.

What is the significance of the serious delinquency rates reported by Fannie Mae?

High serious delinquency rates indicate potential financial distress among borrowers, which can affect Fannie Mae's overall portfolio performance.

How does Fannie Mae support affordable housing in the U.S.?

Fannie Mae partners with lenders to offer 30-year fixed-rate mortgages and facilitate affordable rental housing opportunities.

When was Fannie Mae's March 2021 Monthly Summary released?

It was released on April 30, 2021.

What is the stock symbol for Fannie Mae?

Fannie Mae is traded under the stock symbol FNMA.