Previous Close | 1.5200 |
Open | 1.5200 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 1.4800 - 1.6800 |
52 Week Range | 0.3900 - 1.6800 |
Volume | |
Avg. Volume | 5,254,761 |
Market Cap | 1.934B |
Beta (5Y Monthly) | 1.32 |
PE Ratio (TTM) | ∞ |
EPS (TTM) | 0.0000 |
Earnings Date | Apr 30, 2024 - May 06, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Aug 14, 2008 |
1y Target Est | 2.00 |
Subscribe to Yahoo Finance Plus to view Fair Value for FNMA
The U.S. economy is growing, unemployment is low and corporate revenues are up, but these indicators spell trouble for the housing sector.
Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-third non-performing loan sale transaction. The deal, announced on February 8, 2024, included the sale of 1,581 deeply delinquent loans totaling $235.8 million in unpaid principal balance (UPB), offered in one pool. The winning bidder of the pool for the transaction was VRMTG ACQ, LLC (VWH Capital Management, LP). VWH Capital Management, LP is a Minority and Women-Owned Business ("MWOB"). The transaction is expected to close on A
Industry analysts believe the subset of loans that the FHFA's pilot program applies to isn't large enough to impact the title industry.