- Reuters•3 days ago
The regulator of Fannie Mae and Freddie Mac unveiled on Thursday a program aimed at homeowners who are paying their mortgages on time but whose loan-to-value (LTV) ratios are too high to qualify for traditional refinance programs. "This new offering will give borrowers the opportunity to refinance when rates are low, making their mortgages more affordable and thus reducing credit risk exposure for Fannie Mae and Freddie Mac," said FHFA Director Melvin Watt in a statement. Because this program for high LTV borrowers will not be available until October 2017, the agency said it will extend the Home Affordable Refinance Program (HARP) until Sept. 30, 2017 as a bridge to the new high LTV program.
- Bloomberg•3 days ago
Fannie Mae and Freddie Mac are extending one of the most successful federal programs enacted in response to the mortgage crisis into next year, even as the pool of borrowers who could benefit from it continues ...
- The Wall Street Journal•4 days ago
Former Fannie Mae chief executive Daniel Mudd reached a “settlement” with the Securities and Exchange Commission in a crisis-era case it filed against him. The deal, filed on Monday, requires essentially ...
Federal National Mortgage Association (FNMA)
OTC BB - OTC BB Delayed Price. Currency in USD
|Day's Range||1.86 - 1.94|
|52wk Range||0.98 - 2.70|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-32.03|
|Avg Vol (3m)||2,829,682|
|Dividend & Yield||0.00 (0.00%)|