|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1.7500 - 1.8400|
|52 Week Range||0.9800 - 2.3800|
|Beta (3Y Monthly)||1.71|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 4, 2017 - May 8, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
Moody's Investors Service has assigned an Aaa rating to Ohio Housing Finance Agency, OH's (OHFA) $150 million Residential Mortgage Revenue Bonds (Mortgage-Backed Securities Program) 2019 Series A (Non-AMT). Moody's Investors Service also maintains the Aaa rating on approximately $759 million of outstanding parity bonds as of June 30, 2018. The Aaa ratings assigned to the 2019 Series A Bonds reflect the high quality collateral comprised of GNMA, Fannie Mae and Freddie Mac Mortgage-Backed Securities (MBS), the 1.24x program asset-to-debt ratio (as of 6/30/18) and the program's strong historical financial performance.
NEW YORK, NY / ACCESSWIRE / January 15, 2019 / Wall Street extended losses on Monday as concerns of a global economic slowdown were reignited on weaker-than-expected economic data from China. In December, ...
Moody's Investors Service has assigned Aaa to the proposed $48,910,000 Indiana Housing & Community Development Authority's (IHCDA) Single Family Mortgage Revenue Bonds, 2019 Series A. At this time, we are also maintaining the Aaa ratings on all outstanding parity Single Family Mortgage Revenue Bonds. The Aaa rating is based on the program's strong financial position, high quality Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) mortgage backed securities (MBS), a sound legal structure, cash flow projections that exhibit sufficient revenues to pay timely debt service under various stressful scenarios and satisfactory management. The bonds are special obligations of IHCDA and are secured by GNMA, FNMA, and FHLMC MBS, reserves and other assets pledged under the MRB resolution.
Moody's Investors Service has assigned a rating of Aa2 to the proposed approximately $73.4 million of New York State Housing Finance Agency (the "Agency" or "NYS HFA") Affordable Housing Revenue Bonds (AHRB), 2019 Series A Refunding Bonds (Variable Rate) (Federally Taxable), and Affordable Housing Revenue Bonds, 2019 Series B Refunding Bonds (Variable Rate) (Federally Taxable) (the "2019 Series A and B Bonds"). Moody's has also assigned a VMIG 1 rating and a bank bond rating of Aa3 to each of the 2019 Series A and 2019 Series B Bonds.
Moody's Investors Service ("Moody's") assigns a rating of Aaa to the proposed $86,221,408 of New Mexico Mortgage Finance Authority's (the "Authority") Single Family Mortgage Program Class I Bonds, 2019 Series A (Tax-Exempt) (Non-AMT) and 2019 Series B (MBS Pass-Through Program) (Federally Taxable). The Authority is expected to contribute approximately $760,000 to pay for cost of issuance and to fund the Capitalized interest Account.
A new proposal from the Milken Institute lays out steps that the Treasury Department and the regulator of Fannie Mae and Freddie Mac can take to overhaul the entire housing finance system, to leave the hard decisions to Congress.
(Bloomberg) -- 2019 is shaping up to be another lackluster year for U.S. housing, based on sentiment among prospective buyers and builders.
Moody's Investors Service has assigned a rating of Aaa to the proposed $166,570,000 Texas Department of Housing and Community Affairs' Residential Mortgage Revenue Bonds (RMRB), Series 2019A. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
NEW YORK, NY / ACCESSWIRE / January 4, 2019 / U.S. markets plunged on Thursday, with the Dow Jones falling more than 600 points, as fears of a possibility of a global economic slowdown intensified after Apple lowered revenue forecasts. The Dow Jones Industrial Average dropped 2.83 percent to close at 22,686.22, dragged mostly lower by losses in Apple’s stock, while the S&P 500 Index decreased 2.48 percent to close at 2,447.89. The Nasdaq Composite Index slumped 3.04 percent to close at 6,463.50.
WASHINGTON , Dec. 28, 2018 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) November 2018 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date ...
President Donald Trump will finally get to replace Mel Watt, the Democratic holdover from the Obama administration who has been running Fannie and Freddie’s regulator since 2014. Trump plans to nominate Mark Calabria to lead the Federal Housing Finance Agency.
The volatility was probably due to the market’s anxiety over the uncertainty in U.S.-China trade relation, growing fears of a government shutdown, a slide in oil prices and fears of the Federal Reserve’s tightening of monetary policy.
WASHINGTON, Dec. 17, 2018 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board: FNMA) today announced that Jonathan Plutzik succeeded Egbert L. J. Perry as Chair of Fannie Mae's Board of Directors, effective December 12, 2018. "I am pleased to announce Jonathan Plutzik as the new Chair of Fannie Mae's Board of Directors," said Egbert L. J. Perry, outgoing Chair of the Board.
WASHINGTON , Dec. 17, 2018 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board: FNMA.) announced that it has completed its first multi-tranche Credit Insurance Risk Transfer™ (CIRT™) transaction covering a ...
Moody's Investors Service ("Moody's") has affirmed the servicer quality ("SQ") assessment for TIAA Bank of SQ2- as a primary servicer of prime residential mortgage loans. The assessment is based on the company's above average collection abilities, average loss mitigation results, above average foreclosure and REO timeline management, above average loan administration and above average servicing stability.
In November we wrote about October’s flight to safety in the OTC Markets, as multi-national conglomerates like Danone (OTCQX: DANOY ) and BASF SE (OTCQX: BASFY ) saw huge jumps in monthly dollar volume. ...
President Trump plans to nominate Mark Calabria to run the Federal Housing Finance Agency. That’s important because Calabria wants to radically change America’s housing finance system.
With a renovation mortgage, you can get one home loan that combines the purchase price with the cost of improvements. As for existing homes, resales of homes costing $100,000 to $250,000 were down 1.9 percent in October, compared with a year earlier, according to the National Association of Realtors. Faced with a shortage of affordable homes, it makes sense to consider buying and fixing up dwellings that are outdated or in need of repair.
Rating Action: Moody's assigns Aaa Ratings to MN Housing Homeownership Fin. New York, December 10, 2018 -- Moody's Investors Service has assigned a Aaa rating to the proposed $50 million of Minnesota Housing Finance Agency ("Minnesota Housing" or the "Agency") Homeownership Finance Bonds, 2018 Series I (Non-AMT) (Mortgage-Backed Securities Pass-Through Program) and 2018 Series J (Taxable) (Mortgage-Backed Securities Pass-Through Program) (the "2018 Bonds"). The Aaa ratings on all outstanding Homeownership Finance Bonds have also been maintained.
Ed Groshans of Height Analytics discusses the implications of President Trump's nomination of Mark Calabria to head the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac.