|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||2.3800 - 2.6600|
|52 Week Range||1.2600 - 3.6900|
|Beta (5Y Monthly)||2.18|
|PE Ratio (TTM)||204.17|
|Earnings Date||Oct 29, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Aug 14, 2008|
|1y Target Est||1.88|
Moody's Investors Service (Moody's) has assigned a Aaa rating to the proposed $12,025,000 South Carolina State Housing Finance and Development Authority, Multifamily Tax-Exempt Mortgage-Backed Bonds (M TEMS), (The Assembly II) (FN), Series 2020A. The Aaa rating of this forward MTEM transaction is based on the high credit quality of the Federal National Mortgage Association (Fannie Mae, Aaa stable) mortgage-backed security (MBS) and strong legal structure where principal and interest are passed through to bondholders monthly. Fannie Mae is providing a forward commitment to guaranty the permanent financing by issuing the MBS after the construction phase is complete.
Fannie and Freddie’s regulator is reportedly considering an attempt to end government control over the mortgage giants before Joe Biden enters the White House.
Fannie Mae and Freddie Mac shares leaped after a media report that their oversight agency is trying to speed their escape from government control.