FNMAL - Federal National Mortgage Association

Other OTC - Other OTC Delayed Price. Currency in USD
21.50
+0.28 (+1.32%)
As of 2:09PM EDT. Market open.
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Previous Close21.22
Open21.25
Bid0.00 x 0
Ask0.00 x 0
Day's Range21.25 - 21.74
52 Week Range8.25 - 23.20
Volume4,428
Avg. Volume16,761
Market Cap17.502B
Beta (3Y Monthly)1.30
PE Ratio (TTM)1,954.55
EPS (TTM)0.01
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-09-11
1y Target EstN/A
Trade prices are not sourced from all markets
  • Fannie Mae & Freddie Mac to return to private owners: RPT
    Yahoo Finance Video17 days ago

    Fannie Mae & Freddie Mac to return to private owners: RPT

    Yahoo Finance's Adam Shapiro, Julie Hyman, and Brian Cheung discuss.

  • Buffett on affordable housing, lending
    Yahoo Finance Videolast month

    Buffett on affordable housing, lending

    Berkshire Hathaway Chairman and CEO Warren Buffett speaks at the 2019 Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska. Buffett said it would be “very good for America” if Fannie Mae and Freddie Mac did more to help finance manufactured homes, such as those made by Berkshire-owned Clayton Homes.

  • How Fannie and Freddie Prop Up America's Favorite Mortgage
    WSJ2 months ago

    How Fannie and Freddie Prop Up America's Favorite Mortgage

    Fannie Mae and Freddie Mac back about half of new mortgages in the U.S. Now, talks are heating up about reshaping or shrinking the two companies, a move that could impact millions of Americans. Photo: Heather Seidel/The Wall Street Journal

  • Consumers optimistic about spring housing market: Report
    Yahoo Finance Video2 months ago

    Consumers optimistic about spring housing market: Report

    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.

  • A $4 Trillion Risk Tied to Freeing Fannie and Freddie Could Hurt U.S. Homebuyers
    Bloomberg3 days ago

    A $4 Trillion Risk Tied to Freeing Fannie and Freddie Could Hurt U.S. Homebuyers

    Concern that the administration might try to release the companies with no federal backstop has largely been triggered by their regulator, Federal Housing Finance Agency Director Mark Calabria. An appointee of President Donald Trump, he suggested in media interviews last month that he thought Fannie and Freddie could survive without one by building up capital buffers and reducing market risk. Treasury Secretary Steven Mnuchin, who Calabria will collaborate with on many reforms, has said that he would prefer there be an explicit backstop, though he hasn’t ruled out bypassing Congress to free Fannie and Freddie.

  • Reuters4 days ago

    UPDATE 1-Fannie, Freddie govt guarantee should be limited -U.S. housing finance chief

    The head of the U.S. Federal Housing Finance Agency (FHFA) said on Thursday that Congress should create a "limited" explicit guarantee for government-sponsored enterprises Fannie Mae and Freddie Mac. "The explicit guarantee should be limited, clearly defined, and paid for," Mark Calabria told an audience in Washington. Fannie and Freddie have operated under government conservatorship since they were bailed out during the 2008 subprime mortgage crisis.

  • Bloomberg5 days ago

    Fannie-Freddie Regulator Asks Congress to Help End U.S. Control

    Lawmakers should pursue measures that reduce taxpayer risk, promote competition and support sustainable home-ownership, Federal Housing Finance Agency Director Mark Calabria wrote in a letter accompanying his first annual report to Congress. “Reform remains overdue, despite prior efforts, and we should view this task with some urgency,” Calabria wrote in the letter dated June 11. Congress has failed in repeated efforts to deal with Fannie and Freddie, which have been under U.S. conservatorship since they were seized by regulators as the mortgage market collapsed in 2008.

  • Reuters5 days ago

    U.S. mortgage lenders optimism on profits return - survey

    U.S. mortgage lenders turned optimistic about profits in the second quarter for the first time in nearly three years as tumbling interest rates led to a jump in demand for home loans, a survey from Fannie Mae showed on Wednesday. The latest figure was a switch from the first quarter when the share of lenders who were pessimistic about future profits exceeded the share of those who were optimistic by 8 percentage point. "This quarter, 'consumer demand' jumped significantly and is now the top reason cited by lenders who reported an increased profit margin outlook, reaching the highest reading since Q2 2016," the mortgage finance agency said in a statement.

  • Fannie-Freddie Shares Slide as Mnuchin Dims Investors' Hopes
    Bloomberg7 days ago

    Fannie-Freddie Shares Slide as Mnuchin Dims Investors' Hopes

    In a June 8 interview, Mnuchin was adamant that the Trump administration won’t just let Fannie and Freddie build up their capital buffers and then release the companies. Fannie and Freddie shares fell on his comments. “What we’re not going to do is business as usual with no changes, just re-capitalize them and float them,” said Mnuchin, referring to a possible public offering of Fannie and Freddie shares.

  • A $4 Trillion Plan Could Make or Break Dreams of U.S. Homebuyers
    Bloomberg18 days ago

    A $4 Trillion Plan Could Make or Break Dreams of U.S. Homebuyers

    The revamp, the most significant overhaul of the market in a generation, will virtually eliminate the distinction between bonds issued by Fannie Mae and Freddie Mac, which guarantee nearly half of U.S. residential mortgages. The hope is that blending the two will improve market liquidity and, as a result, mitigate investor risk while helping keep a lid on mortgage costs. It’s the final step in a more than five-year process to unify a roughly $4.4 trillion pile of agency MBS currently split between the two government-sponsored enterprises.

  • Reuters25 days ago

    U.S. government could stagger Fannie, Freddie privatisation - regulator

    Mortgage giants Fannie Mae and Freddie Mac could be returned to the private market at different times, especially if the government moves to float them on the public markets, the head of the U.S. housing finance regulator told Reuters in an interview. It may be preferable to stagger that process due to the complexities involved in getting the government-backed firms, which have different business models, ready for private ownership, said Mark Calabria, director of the Federal Housing Finance Agency, which oversees Fannie Mae, Freddie Mac and the U.S. housing finance system.

  • Bloomberg27 days ago

    Freddie Mac CEO Casts Doubt on Joint $125 Billion Fannie Funding

    Freddie’s outgoing chief executive officer says that’s easier said than done. Don Layton, who plans to step down July 1, said Tuesday that a capital plan issued a year ago by the companies’ regulator would require the mortgage giants to raise a combined $125 billion, in part by selling shares. To underscore how big a figure that is, Layton noted that the biggest initial public offering ever was Alibaba Group Holding Ltd.’s, in which the online retailer raised $25 billion.

  • GuruFocus.com28 days ago

    Bill Ackman Comments on Fannie Mae

    On March 27th, President Trump issued a memorandum to the Secretary of the Treasury and the Secretary of Housing and Urban Development directing them to craft housing finance reform plans. The directive to Treasury listed "ending the conservatorships of the GSEs" as its first goal and instructed Treasury to specify for each reform included in the plan "whether the proposed reform is a 'legislative' reform that would require congressional action or an 'administrative' reform that could be implemented without congressional action. For each 'administrative' reform, the Treasury Housing Reform Plan shall include a timeline for implementation." A response from Treasury is expected in the next two to three months.

  • GuruFocus.comlast month

    Bill Ackman's Pershing Square 1st Quarter Letter to Shareholders

    Pershing Square Holdings generated strong performance during the first quarter of 2019 and year-to -date. NAV per share increased 36.9% during the first quarter and by 38.4%1 year-to-date, compared with the S&P 500's year-to-date total return of 13.9%. Warning! GuruFocus has detected 5 Warning Signs with FNMA.

  • Reuterslast month

    Trump says looking at alternatives to Fannie Mae, Freddie Mac

    U.S. President Donald Trump said on Friday his administration was looking at alternatives to the conservatorship of mortgage giants Fannie Mae and Freddie Mac. "Fannie and Freddie can do a lot better ...

  • Benzingalast month

    Another Treasury Department Exit Creates Uncertainty For Investors

    On Thursday, the Wall Street Journal reported that Craig Phillips, a top deputy to Treasury Secretary Steven Mnuchin, is leaving the federal agency. Phillips was formerly a top executive at BlackRock, Inc. (NYSE: BLK), and was known within the Trump administration as being a liaison between the Treasury and Wall Street.

  • Liquidate Fannie and Freddie
    Bloomberglast month

    Liquidate Fannie and Freddie

    (Bloomberg Opinion) -- Trump administration officials announced last week that if Congress doesn’t come up with a plan to overhaul Fannie Mae and Freddie Mac in the next couple years, they will. Their plan is to simply privatize the two giant mortgage banks. A better one would be to liquidate them.

  • Bloomberglast month

    How About Leaving Fannie Mae and Freddie Mac Alone?

    The travails of Fannie and Freddie illustrate eloquently how a public-private partnership can go wrong. For decades, the two operated as privately owned companies, but with a congressional charter to guarantee payments of interest and principal on mortgage loans — guarantees that underpin the traditional 30-year fixed-rate loan, support a global market for U.S. mortgage-backed securities, and make homeownership accessible to millions of Americans. The crucial role that Fannie and Freddie play in housing finance led investors to think the government would always rescue them in an emergency.

  • RBB Bancorp (RBB) Q1 2019 Earnings Call Transcript
    Motley Fool2 months ago

    RBB Bancorp (RBB) Q1 2019 Earnings Call Transcript

    RBB earnings call for the period ending March 31, 2019.

  • Benzinga2 months ago

    Cannabis Securities Trading on The OTC Markets Saw Dramatic Volume Increases In March

    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 ...