|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||2.6800 - 2.7800|
|52 Week Range||0.9800 - 3.1800|
|Beta (3Y Monthly)||4.77|
|PE Ratio (TTM)||4.74|
|Earnings Date||May 4, 2017 - May 8, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.75|
WASHINGTON , April 18, 2019 /PRNewswire/ -- Fannie Mae ® (OTCQB: FNMA) is proud to announce that it received the 2019 ENERGY STAR ® Partner of the Year – Sustained Excellence Award from the U.S. Environmental ...
Moody's Investors Service ("Moody's") has upgraded the rating of one tranche from Connecticut Avenue Securities, Series 2017-C05. This transaction is an actual-loss credit risk transfer (CRT) issued by Fannie Mae. The rating upgrade is due to the increase in credit enhancement available to the bond and a reduction in the expected losses on the underlying pool owing to strong collateral performance.
A new research approach to measuring people who are buying homes for the first time is welcome to anyone interested in housing issues - and comforting to those who relied on one of the traditional reporting methods, which have consistently undercounted such buyers.
WASHINGTON , April 11, 2019 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its eleventh sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained ...
Even in what has been a notoriously high-volume sector, March was a particularly strong month for cannabis securities that trade on OTC Markets. Six of the top 10 most active securities in March on the ...
Lower mortgage rates are likely behind a surge in positive housing sentiment, which could help rev up what started as a sluggish spring season. A monthly survey from Fannie Mae showed that, in March, sentiment jumped to the highest level since June, which was just below the record high.
U.S. consumer sentiment for buying a home rose to its strongest in nine months as a result of a sturdy jobs market and a decline in mortgage rates so far this year, according to data released by Fannie Mae on Monday. Notably, Fannie Mae's latest data showed the net share of consumers surveyed in March who said it is a good time to sell a home jumped 13 points to 43%. A net share of 22% of consumers said it is a good time to buy a home, up 7 points from the month before.
Binner says the current Trump administration is the best chance for meaningful reform for Fannie Mae, but the political realities of a reform plan suggest an uphill battle. Last month, President Trump signed a memorandum initiating housing finance reform.
Mark Calabria was confirmed to take the reins of the Federal Housing Finance Agency Thursday and serve as regulator to Fannie Mae and Freddie Mac.
Calabria, a libertarian economist currently working for Vice President Mike Pence, won lawmakers’ approval in a 52-44 vote along party lines. As head of FHFA, Calabria will be instrumental in the Trump administration’s effort to reform Fannie and Freddie, which have been under federal control since 2008. The president last month signed a memorandum that called on the Treasury Department to come up with a proposal for ending the U.S. conservatorship of the companies, and is essentially a plan to create a plan.
The U.S. Senate on Thursday confirmed President Donald Trump's pick to lead the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac. Mark Calabria, who was confirmed by a vote of 52-44, steps into a critical role in housing finance as Washington is renewing its efforts to overhaul the current system. As FHFA director, Calabria will be charged with overseeing the two government-sponsored enterprises, which guarantee over half of the nation's mortgages.
Mark Calabria was confirmed by a 52-to-44 vote in the Senate to be director of the Federal Housing Finance Agency, the regulator of mortgage giants Fannie Mae and Freddie Mac . Previously Vice President Mike Pence's chief economist and an aide to Sen. Richard Shelby, Calabria will now have broad powers to reshape the mortgage guarantors that were brought under government conservatorship during the financial crisis.
The Senate on Thursday advanced the nomination of Mark Calabria to be director of the Federal Housing Finance Agency by a 53 to 46 party line, setting up a confirmation vote as early as Thursday afternoon. The FHFA regulates mortgage giants Fannie Mae and Freddie Mac , and Calabria's confirmation is seen as a pivotal moment for housing finance reform efforts.
Moody's Investors Service ("Moody's") assigns a rating of Aaa to the proposed $80,000,000 of New Mexico Mortgage Finance Authority (the "Authority") Single Family Mortgage Program Class I Bonds, 2019 Series C (Tax-Exempt) (Non-AMT).
Moody's Investors Service (Moody's) has assigned definitive ratings to 22 classes of residential mortgage-backed securities (RMBS) issued by J.P. Morgan Mortgage Trust (JPMMT) 2019-2. The certificates are backed by 729 30-year, fully-amortizing fixed-rate mortgage loans with a total balance of $437,535,993 as of the March 1, 2019 cut-off date. Similar to prior JPMMT transactions, JPMMT 2019-2 includes conforming mortgage loans (65% by loan balance) mostly originated by JPMorgan Chase Bank, N.A. (Chase) and Quicken Loans Inc. underwritten to the government sponsored enterprises (GSE) guidelines in addition to prime jumbo non-conforming mortgages purchased by J.P. Morgan Mortgage Acquisition Corp. (JPMMAC) from various originators and aggregators.
WASHINGTON, D.C. , March 29, 2019 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) February 2019 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and ...
Moody's Investors Service ("Moody's") stated today that the proposed transfer of mortgage servicing from Ocwen Loan Servicing, LLC ("Ocwen") to NewRez LLC d/b/a Shellpoint Mortgage Servicing (formerly known as New Penn Financial, LLC d/b/a Shellpoint Mortgage Servicing) ("Shellpoint") for 13 transactions will not, in and of itself and at this time, result in a downgrade or withdrawal of the current ratings on the bonds in the affected transactions. Today's announcement follows a similar announcement made on August 31, 2018 for 1077 transactions in which servicing was transferred pursuant to a five-year subservicing agreement between Shellpoint and Ocwen.
Housing and Urban Development Secretary Ben Carson told Yahoo Finance that he will take "as much time as is necessary" to develop recommendations for solving the tricky puzzle of Fannie Mae and Freddie Mac.
Spring housing market is in full swing and both buyers and sellers are feeling a bit more optimistic compared with past months. A new survey from Fannie Mae shows consumer home sentiment is ticking. The primary reason for the positive outlook falling mortgage rates leading to more affordability for buyers. Doug Duncan, Fannie Mae chief economist talks with Yahoo Finance's Julie Hyman and Adam Shapiro.
FBN’s Charlie Gasparino discusses how the Trump administration is pushing to reform Fannie Mae and Freddie Mac.
FBN’s Charlie Gasparino reports that the Trump administration is divided over how to reform Fannie Mae and Freddie Mac.