Federal Nat - FNMA STOCK NEWS

Welcome to our dedicated page for Federal Nat news (Ticker: FNMA), a resource for investors and traders seeking the latest updates and insights on Federal Nat stock.

Fannie Mae (FNMA) serves as a pivotal player in the U.S. housing finance sector, facilitating affordable homeownership and rental options for millions of Americans. As a leading source of mortgage financing, Fannie Mae partners with lenders to offer sustainable home loans and rental housing. The company’s efforts ensure the availability of the 30-year fixed-rate mortgage, providing homeowners with stable and predictable payments over the life of the loan.

Fannie Mae's core mission is to advance equitable and sustainable access to quality housing. The company's recent highlights include the sale of non-performing loans aimed at reducing retained mortgage portfolios and community impact initiatives like the Community Impact Pool (CIP). These initiatives are designed to benefit non-profit organizations, minority- and women-owned businesses, and smaller investors.

Fannie Mae actively engages in reperforming loan sales and continues to drive innovation in homebuying and renting solutions. The company's latest Home Price Index (FNM-HPI) reported a 7.4% year-over-year increase in Q1 2024, reflecting the ongoing demand and supply dynamics in the housing market. Fannie Mae's economic forecasts suggest a modest rise in home sales for 2024, despite higher mortgage rates.

The company also launched fixed-price cash tender offers for Connecticut Avenue Securities® Notes, demonstrating its proactive approach to financial management. Fannie Mae is committed to maintaining transparency with stakeholders, regularly updating its financial results and hosting informative conference calls.

Fannie Mae’s economic and strategic research group, recognized for its forecasting accuracy, continuously analyzes market trends to inform stakeholders and guide the company's strategic direction. Through responsible innovation and dedicated partnerships, Fannie Mae remains at the forefront of transforming the U.S. housing finance system.

11/14/2023 04:22 PM

News

Fannie Mae Announces Leadership Changes

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Fannie Mae (FNMA/OTCQB) announces President David C. Benson and Chief Administrative Officer Jeffery Hayward's retirements. CEO Priscilla Almodovar to assume the additional title of President upon Benson's departure. General Counsel Terry Theologides to succeed Hayward as Chief Administrative Officer.

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11/07/2023 10:00 AM

News

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

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Fannie Mae announced the results of its twenty-second non-performing loan sale transaction, totaling $208.8 million in unpaid principal balance, with RCAF Loan Acquisition, LP (Pretium) as the winning bidder. The transaction is expected to close on December 22, 2023. Bids for Fannie Mae's Community Impact Pool are due on November 16, 2023.

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11/07/2023 08:30 AM

News

Consumers Increasingly Sour on Economy, Blame Inflation

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The Fannie Mae Home Purchase Sentiment Index remained flat in October, with 85% of consumers indicating it's a bad time to buy a home due to high prices and mortgage rates. 78% believe the economy is on the wrong track, citing inflation as the primary reason.

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10/31/2023 07:23 AM

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Fannie Mae Reports Net Income of $4.7 Billion for Third Quarter 2023

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Fannie Mae has reported its third quarter 2023 financial results and filed its Form 10-Q with the SEC. The filing includes condensed consolidated financial statements for the quarter. The documents are available on Fannie Mae's website. A conference call to discuss the results is scheduled for today at 8:00 a.m. ET.

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10/27/2023 11:15 AM

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Fannie Mae Announces 2024 Benchmark Securities Issuance Calendar

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Fannie Mae announces its 2024 Benchmark Securities Issuance Calendar. The calendar includes monthly announcements for Benchmark Notes offerings and weekly auctions for Benchmark Bills.

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10/26/2023 04:05 PM

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Fannie Mae Releases September 2023 Monthly Summary

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Fannie Mae releases September 2023 Monthly Summary

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10/25/2023 10:00 AM

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Fannie Mae Announces Scheduled Release of Third Quarter 2023 Financial Results

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Fannie Mae plans to report its third quarter 2023 financial results on October 31, 2023, and will host a conference call to discuss the results.

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10/17/2023 11:00 AM

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Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes

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Fannie Mae announces results of fixed-price cash tender offers for certain Connecticut Avenue Securities Notes

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10/17/2023 08:30 AM

News

Fannie Mae Commits $3.2 Billion Since Re-entering LIHTC Market to Expand Affordable Housing Supply, Meet Critical Housing Needs in Underserved Communities

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Fannie Mae has supported the creation and preservation of affordable rental units through its LIHTC equity investments.

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10/16/2023 08:30 AM

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Jump in Long-Term Interest Rates Expected to Weigh on Economy

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Home prices expected to decelerate as mortgage rates rise, but economy shows signs of resilience

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FAQ

What is the current stock price of Federal Nat (FNMA)?

The current stock price of Federal Nat (FNMA) is $7.3 as of February 21, 2025.

What is the market cap of Federal Nat (FNMA)?

The market cap of Federal Nat (FNMA) is approximately 6.6B.

What is Fannie Mae’s primary role?

Fannie Mae provides mortgage financing to lenders, enabling affordable mortgage options and rental housing across the U.S.

What recent projects has Fannie Mae undertaken?

Fannie Mae recently announced the sale of non-performing and reperforming loans, and launched Community Impact Pools to benefit non-profits and smaller investors.

How does Fannie Mae support homeownership?

Fannie Mae enables the 30-year fixed-rate mortgage, offering stable and predictable payments, and provides tools and resources to help homebuyers, homeowners, and renters.

What is the Home Price Index (FNM-HPI) by Fannie Mae?

The FNM-HPI measures quarterly price changes for single-family homes in the U.S. As of Q1 2024, it reported a 7.4% annual increase.

How does Fannie Mae engage with stakeholders?

Fannie Mae maintains transparency through regular financial updates, economic forecasts, and informative conference calls.

What are Fannie Mae's Community Impact Pools?

Community Impact Pools are smaller loan pools aimed at non-profits, minority- and women-owned businesses, and smaller investors to foster community development.

What innovations has Fannie Mae introduced?

Fannie Mae drives responsible innovation to make homebuying and renting easier, fairer, and more accessible, including tools for homeowners and partnerships with lenders.

How is Fannie Mae impacting the housing market?

Fannie Mae plays a key role in providing financing, ensuring the availability of long-term fixed-rate mortgages, and supporting market stability through loan sales and economic research.

What financial condition is Fannie Mae in?

As of Q1 2024, Fannie Mae reported strong financials with ongoing efforts to manage mortgage portfolios and engage in strategic financial operations.

Where can I find more information about Fannie Mae?

More information is available on Fannie Mae's website and social media channels, including financial reports, news updates, and economic research insights.