Federal National Mortgage Association (PK:FNMA)

Business Focus: Retail & Mortgage Banks

Get the company report for the most recent outlook updated daily

May 21, 2024 08:30 am ET

Higher Rate Environment Projected to Dampen Housing Activity Through 2024

However, Sharp Decline in Sales Activity Unlikely as Home Listings Surge

May 16, 2024 10:00 am ET

Fannie Mae Announces the Results of its Thirty-first Reperforming Loan Sale Transaction

WASHINGTON, May 16, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its thirty-first reperforming loan sale transaction. The deal, announced on April 16, 2024, included the sale of 6,484 loans totaling $1.47 billion in unpaid principal balance (UPB), offered in three pools. The winning bidder was Pacific Investment Management Company LLC (PIMCO) for Pools 1, 2 and 3, each awarded individually. The transaction is expected to close by June 25, 2024. The pool was marketed with Citigroup Global Markets Inc. as advisor.

May 14, 2024 04:14 pm ET

Fannie Mae Appoints Data Science and Technology Executive Diane N. Lye to its Board of Directors

WASHINGTON, May 14, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced Diane N. Lye has been appointed to its Board of Directors. Dr. Lye brings years of technology and financial services expertise to the company's accomplished and diverse Board as it helps Fannie Mae fulfill its mission to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America.

May 09, 2024 10:00 am ET

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale

WASHINGTON, May 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-fourth non-performing loan sale transaction. The deal, announced on April 9, 2024, included the sale of 1,154 deeply delinquent loans totaling $214.2 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 June 25, 2024. The pool was marketed with BofA Securities, In

May 08, 2024 12:00 pm ET

Fannie Mae Expands Income Calculator Tool with Free, Web-based Option for Loan Originators

New Enhancement Calculates Borrower Self-Employment Income with Speed and Certainty

May 07, 2024 08:30 am ET

Housing Sentiment Again Shows Signs of Plateauing

HPSI Flat in April as Consumers Continue to Adjust to Higher Rate Environment

Apr 30, 2024 07:31 am ET

Fannie Mae Reports Net Income of $4.3 Billion for First Quarter 2024

WASHINGTON, April 30, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its first quarter 2024 financial results and filed its First Quarter 2024 Form 10-Q with the Securities and Exchange Commission. The filing provides consolidated financial statements for the quarter ended March 31, 2024. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

Apr 29, 2024 02:11 pm ET

Fannie Mae Updates Equitable Housing Finance Plan

Moves toward expanding and scaling various actions in third year of the Plan

Apr 29, 2024 11:15 am ET

Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes

WASHINGTON, April 29, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of April 22, 2024 (collectively, the "Offer Documents"). Certain of the classes of Notes subject to the Offers were issued by the REMIC trusts identified in the table

Apr 25, 2024 04:05 pm ET

Fannie Mae Releases March 2024 Monthly Summary

WASHINGTON, April 25, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) March 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Apr 23, 2024 04:15 pm ET

Fannie Mae Announces Scheduled Release of First Quarter 2024 Financial Results

Company to Host Conference Call

Apr 23, 2024 08:30 am ET

Hot Economy, Inflation Likely to Keep Rates 'Higher for Longer'

Rise in New Home Listings Projected to Boost Sales Despite Recent Run-up in Mortgage Rates

Apr 22, 2024 09:00 am ET

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes

WASHINGTON, April 22, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Notes listed below (the "Notes"), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of April 22, 2024 (collectively, the "Offer Documents"). Certain of the classes of Notes subject to the Offers were issued by the REMIC trusts identified in the tab

Apr 18, 2024 11:30 am ET

Fannie Mae Priced $509.1 Million Multifamily DUS REMIC (FNA 2024-M4) Under Its GeMS Program

WASHINGTON, April 18, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $509.1 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on April 9, 2024. FNA 2024-M4 marks the second Fannie Mae GeMS issuance of 2024.

Apr 17, 2024 09:00 am ET

Home Prices Moved Up Another 1.7% to Start the Year

Latest FNM-HPI Reading Showed Year-over-Year Increase of 7.4 Percent in Q1 2024

Apr 16, 2024 10:00 am ET

Fannie Mae Announces Sale of Reperforming Loans

WASHINGTON, April 16, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.

Apr 11, 2024 11:30 am ET

Fannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, April 11, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R03, an approximately $628 million note offering that represents Fannie Mae's third CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. Year to date, Fannie Mae has issued approximately $2.2 billion of notes under the CAS program.

Apr 09, 2024 10:00 am ET

Fannie Mae Announces Sale of Non-Performing Loans

NPL 2024-2 Includes the Company's Twenty-Fourth Community Impact Pool Offering

Apr 08, 2024 08:30 am ET

Households May Finally Be Adjusting to Higher Mortgage Rates

Survey Shows Greater Optimism Toward Homebuying and Home-Selling Conditions, Even as Pessimism Toward Rates Jumps

Apr 04, 2024 02:30 pm ET

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $22.0 Billion of Single-Family Loans

WASHINGTON, April 4, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTC) announced today that it has executed two new Credit Insurance Risk Transfer™ (CIRT™) transactions. Together, CIRT 2024-L2 and CIRT 2024-H1 transferred $709.0 million of mortgage credit risk to private insurers and reinsurers.

Mar 27, 2024 04:05 pm ET

Fannie Mae Releases February 2024 Monthly Summary

WASHINGTON, March 27, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) February 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Mar 26, 2024 11:00 am ET

Fannie Mae Receives 2024 ENERGY STAR Partner of the Year Award for Sustained Excellence

Fannie Mae Recognized for Positive Impact in Green Financing

Mar 26, 2024 10:00 am ET

Fannie Mae Announces Winner of Twenty-Third Community Impact Pool of Non-Performing Loans

WASHINGTON, March 26, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-third Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on May 22, 2024, and includes 37 loans totaling $10.4 million in unpaid principal balance (UPB). The loans are geographically focused in the New York/New Jersey area, and the winning bidder was GITSIT Solutions, LLC (Tourmalet). The pool was marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.

Feb 23, 2024 07:30 am ET

Housing Activity Expected to Pick Up in 2024 as Rates Move Lower

Economic Growth Still Predicted to Soften as the Labor Market Shows Signs of Cooling

Feb 22, 2024 03:35 pm ET

Fannie Mae Appoints Peter Akwaboah as Chief Operating Officer

Akwaboah Brings Nearly Three Decades of Experience from Across the Financial Services Industry

Feb 15, 2024 06:28 am ET

Fannie Mae Reports Net Income of $17.4 billion for 2023 and $3.9 Billion for Fourth Quarter 2023

WASHINGTON, Feb. 15, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its fourth quarter and full-year 2023 financial results and filed its 2023 Form 10-K with the Securities and Exchange Commission. The filing provides consolidated financial statements for the year ended December 31, 2023. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

Feb 13, 2024 09:00 am ET

Fannie Mae Announces the Results of its Thirtieth Reperforming Loan Sale Transaction

WASHINGTON, Feb. 13, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its thirtieth reperforming loan sale transaction. The deal, announced on January 11, 2024, included the sale of 2,722 loans totaling $499.6 million in unpaid principal balance (UPB), offered in one pool. The winning bidder was Pacific Investment Management Company LLC (PIMCO). The transaction is expected to close by March 26, 2024. The pool was marketed with Citigroup Global Markets Inc. as advisor.

Feb 12, 2024 09:15 am ET

Fannie Mae Recognizes 32 High-Performing Mortgage Servicers Across Three Key Performance Areas

2023 STAR Program Evaluates Servicing Partners in General Servicing, Solution Delivery, and Timeline Management Categories

Feb 09, 2024 09:30 am ET

Fannie Mae Priced $518.3 Million Multifamily DUS REMIC (FNA 2024-M2) Under Its GeMS Program

WASHINGTON, Feb. 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $518.3 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on January 31, 2024. FNA 2024-M2 marks the first Fannie Mae GeMS issuance of 2024.

Feb 08, 2024 12:00 pm ET

Fannie Mae Announces Scheduled Release of Fourth Quarter and Full-Year 2023 Financial Results

Company to Host Conference Call

Feb 08, 2024 09:00 am ET

Fannie Mae Announces Sale of Non-Performing Loans

NPL 2024-1 Includes the Company's Twenty-Third Community Impact Pool Offering

Feb 07, 2024 07:30 am ET

Mortgage Rate Optimism Hits Survey High

Consumer Sentiment toward Housing at Highest Level in Nearly Two Years

Jan 30, 2024 03:05 pm ET

Fannie Mae Releases December 2023 Monthly Summary

WASHINGTON, Jan. 30, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) December 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Jan 25, 2024 01:00 pm ET

Fannie Mae Multifamily Closes 2023 With More than $52 Billion in Volume

Company Provided Needed Liquidity Across Housing Sectors, Including Robust Support for Structured Transactions, Green Financing, and Multifamily Affordable Housing

Jan 25, 2024 10:00 am ET

Fannie Mae Prices $819 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, Jan. 25, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R01, an approximately $819 million note offering that represents Fannie Mae's first CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Jan 23, 2024 09:00 am ET

Fannie Mae Announces Single-Family Social Bond Framework

New Mission-Centered MBS and Retooled Disclosures to Support Affordable Housing

Jan 18, 2024 07:30 am ET

Mortgage Rates Expected to Dip Below 6 Percent in 2024, Boosting Home Sales

ESR Group's 2024 Theme: "Housing Seeks Balance Amid Economic Uncertainty"

Jan 16, 2024 09:00 am ET

Home Price Growth Falls Further in Fourth Quarter

FNM-HPI Showed Quarterly Increase of 1.7 Percent on Seasonally Adjusted Basis

Jan 11, 2024 09:00 am ET

Fannie Mae Announces Sale of Reperforming Loans

WASHINGTON, Jan. 11, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.

Jan 08, 2024 07:30 am ET

Consumer Optimism About Mortgage Rates Jumps Significantly

Survey-High Share of Consumers Now Expect Mortgage Rates to Go Down

Dec 21, 2023 03:05 pm ET

Fannie Mae Releases November 2023 Monthly Summary

WASHINGTON, Dec. 21, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) November 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Dec 18, 2023 09:00 am ET

Home Sales, Mortgage Originations Likely to Begin Slow Recovery in 2024

Economy Expected to Decelerate in 2024 After Surprisingly Resilient 2023

Dec 13, 2023 10:00 am ET

Fannie Mae Announces 2024 Connecticut Avenue Securities (CAS) Issuance Calendar

WASHINGTON, Dec. 13, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today its 2024 Connecticut Avenue Securities® (CAS) Issuance Calendar as part of its efforts to ensure transparency in the market. Fannie Mae has the option to issue, or forgo issuance of, one or more CAS deals during each window. The company does not plan to issue additional credit risk transfer (CRT) transactions in 2023.

Dec 11, 2023 09:00 am ET

Expert Panel Sees Home Prices Rising 2.4% in 2024 and 2.7% in 2025, New Fannie Mae Survey Shows

Survey Panel Also Expects Mortgage Rates to Eventually Settle at Around 5.7%

Dec 07, 2023 07:30 am ET

Housing Sentiment Remains Stuck in Low-Level Plateau

Only 14% of Consumers Believe It's a Good Time to Buy a Home, a New Survey Low

Nov 30, 2023 08:30 am ET

Fannie Mae Receives 'Equality 100 Award' from Human Rights Campaign Foundation

Company Scores 100 on 2023-2024 Corporate Equality Index for Ninth Consecutive Year

Nov 29, 2023 03:05 pm ET

Fannie Mae Releases October 2023 Monthly Summary

WASHINGTON, Nov. 29, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) October 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Nov 21, 2023 03:00 pm ET

Economy Expected to Slow in 2024, Rebound in 2025

Home Sales Likely to Weaken in Near Term but Bottom Out Early Next Year

Nov 21, 2023 09:00 am ET

Fannie Mae Announces Winner of Twenty-Second Community Impact Pool of Non-Performing Loans

WASHINGTON, Nov. 21, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-second Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on January 22, 2024, and includes approximately 61 loans totaling $18.4 million in unpaid principal balance (UPB). The loans are geographically focused in the New York area, and the winning bidder was 510 Residential Loan Acquisition V LLC (400 Capital). The pool was marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.

Nov 20, 2023 10:00 am ET

Fannie Mae Executes its Final Credit Insurance Risk Transfer Transaction of 2023 on $11.5 Billion of Single-Family Loans

WASHINGTON, Nov. 20, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its ninth and final Credit Insurance Risk Transfer™ (CIRT™) transaction of 2023. CIRT 2023-9 transferred $270.7 million of mortgage credit risk to private insurers and reinsurers. Year to date, Fannie Mae has acquired approximately $3.66 billion of insurance coverage on $121 billion of single-family loans from nine CIRT deals issued in 2023.

Nov 20, 2023 09:00 am ET

Fannie Mae Prices Third Multifamily Connecticut Avenue Securities Deal

Fannie Mae Returns to Market with $595 Million Transaction, Complementing Other Multifamily Credit Risk Sharing Programs

Nov 17, 2023 10:00 am ET

Fannie Mae Prices $609 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, Nov. 17, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R08, an approximately $609 million note offering that represents Fannie Mae's eighth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Nov 14, 2023 03:55 pm ET

Fannie Mae Priced $503 Million Multifamily DUS REMIC (FNA 2023-M8) Under Its GeMS Program

WASHINGTON, Nov. 14, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $503 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on November 6, 2023. FNA 2023-M8 marks the third Fannie Mae GeMS issuance of 2023.

Nov 14, 2023 03:22 pm ET

Fannie Mae Announces Leadership Changes

President David C. Benson and Chief Administrative Officer Jeffery Hayward Announce Retirements

Nov 07, 2023 09:00 am ET

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale

WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-second non-performing loan sale transaction. The deal, announced on October 5, 2023, included the sale of 1,473 loans totaling $208.8 million in unpaid principal balance (UPB), offered in one pool. The winning bidder of the pool for the transaction was RCAF Loan Acquisition, LP (Pretium). The transaction is expected to close on December 22, 2023. The pools were marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.

Nov 07, 2023 07:30 am ET

Consumers Increasingly Sour on Economy, Blame Inflation

Housing Market Frustrations Continue, Too, with Survey-Record 85% of Consumers Saying It's a 'Bad Time' to Buy a Home

Oct 31, 2023 07:23 am ET

Fannie Mae Reports Net Income of $4.7 Billion for Third Quarter 2023

WASHINGTON, Oct. 31, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its third quarter 2023 financial results and filed its Third Quarter 2023 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended September 30, 2023. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

Oct 27, 2023 11:15 am ET

Fannie Mae Announces 2024 Benchmark Securities Issuance Calendar

WASHINGTON, Oct. 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its 2024 Benchmark Securities® Issuance Calendar (PDF).

Oct 26, 2023 04:05 pm ET

Fannie Mae Releases September 2023 Monthly Summary

WASHINGTON, Oct. 26, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) September 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Oct 25, 2023 10:00 am ET

Fannie Mae Announces Scheduled Release of Third Quarter 2023 Financial Results

Company to Host Conference Call

Oct 17, 2023 11:00 am ET

Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes

WASHINGTON, Oct. 17, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of October 10, 2023 (collectively, the "Offer Documents").

Oct 17, 2023 08:30 am ET

Fannie Mae Commits $3.2 Billion Since Re-entering LIHTC Market to Expand Affordable Housing Supply, Meet Critical Housing Needs in Underserved Communities

Fannie Mae Enabling the Creation and Preservation of Affordable Rental Units Across the Country Through Its LIHTC Equity Investments

Oct 16, 2023 08:30 am ET

Jump in Long-Term Interest Rates Expected to Weigh on Economy

Home Prices Prove Resilient through Third Quarter, but Deceleration Likely as Mortgage Rates Move Higher

Oct 13, 2023 09:00 am ET

Home Prices Remain Resilient, Rise Further in Third Quarter

FNM-HPI Showed Quarterly Increase of 2.0 Percent on Seasonally Adjusted Basis

Oct 11, 2023 08:30 am ET

Fannie Mae Multifamily Introduces Sponsor-Dedicated Workforce (SDW) Housing to Support Workforce Rental Affordability

New Product Aims to Increase Affordable Workforce Rental Supply by Offering Fannie Mae Borrowers Pricing Incentives and Underwriting Flexibilities

Oct 10, 2023 09:00 am ET

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes

WASHINGTON, Oct. 10, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Notes listed below (the "Notes"), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of October 10, 2023 (collectively, the "Offer Documents"). The Offers will expire at 5:00 PM New York City time on Monday, October 16, 2023 (the "Expiration Time")

Oct 09, 2023 08:30 am ET

Elevated Mortgage Rates Push Housing Sentiment Even Lower

Consumers Now Point to Mortgage Rates, not Home Prices, as Primary Hindrance to Affordability

Oct 06, 2023 10:00 am ET

Fannie Mae Prices $536 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, Oct. 6, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R07, an approximately $536 million note offering that represents Fannie Mae's seventh CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Oct 05, 2023 10:00 am ET

Fannie Mae Announces Sale of Non-Performing Loans

2023-NPL2 Includes the Company's Twenty-Second Community Impact Pool Offering

Oct 03, 2023 09:30 am ET

Fannie Mae Announces Partnership with Pulsenomics to Produce Home Price Expectations Survey

Quarterly Survey Polls Experts' Expectations of Future Home Price Change

Sep 28, 2023 04:05 pm ET

Fannie Mae Releases August 2023 Monthly Summary

WASHINGTON, Sept. 28, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) August 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Sep 27, 2023 10:00 am ET

Fannie Mae Announces Winner of Twenty-First Community Impact Pool of Non-Performing Loans

WASHINGTON, Sept. 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-first Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on November 17, 2023, and includes approximately 25 loans totaling $6.4 million in unpaid principal balance (UPB). The loans are geographically focused in the New York area, and the winning bidder was GITSIT Solutions, LLC (Tourmalet). The pool was marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.

Sep 27, 2023 08:00 am ET

Fannie Mae Launches New Resources to Help Latino Communities Access Homeownership

New Credit Education Course is One of Several Ways Fannie Mae is Working to Address the Latino Homeownership Gap in America

Sep 26, 2023 09:30 am ET

Fannie Mae Executes its Eighth Credit Insurance Risk Transfer Transaction of 2023 on $8.4 Billion of Single-Family Loans

WASHINGTON, Sept. 26, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its eighth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2023. CIRT 2023-8 transferred $344.3 million of mortgage credit risk to private insurers and reinsurers.

Sep 18, 2023 10:00 am ET

Mild Recession Remains Likeliest Outcome as Inflation and Labor Markets Cool

Housing Faces Renewed Headwinds from 7 Percent Mortgage Rates, but Downside Risk to Home Sales is Limited

Sep 14, 2023 10:00 am ET

Fannie Mae Announces the Results of its Twenty-Ninth Reperforming Loan Sale Transaction

WASHINGTON, Sept. 14, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-ninth reperforming loan sale transaction. The deal, announced on August 10, 2023, included the sale of approximately 2,016 loans totaling $412.3 million in unpaid principal balance (UPB), offered in one pool. The winning bidder was Pacific Investment Management Company LLC (PIMCO). The transaction is expected to close by October 20, 2023. The pool was marketed with Citigroup Global Markets Inc. as advisor.

Sep 14, 2023 09:30 am ET

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale

WASHINGTON, Sept. 14, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-first non-performing loan sale transaction. The deal, announced on August 10, 2023, included the sale of approximately 1,371 loans totaling $225.4 million in unpaid principal balance (UPB), offered in one pool. The winning bidder of the pool for the transaction was RCAF Loan Acquisition, LP (Pretium). The transaction is expected to close on October 20, 2023. The pools were marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.

Sep 12, 2023 10:00 am ET

Fannie Mae Announces Thirtieth Sale of Reperforming Loans

WASHINGTON, Sept. 12, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its thirtieth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.

Aug 01, 2023 07:29 am ET

Fannie Mae Reports Net Income of $5.0 Billion for Second Quarter 2023

WASHINGTON, Aug. 1, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its second quarter 2023 financial results and filed its Second Quarter 2023 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended June 30, 2023. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

Jul 28, 2023 10:00 am ET

Fannie Mae Priced $641 Million Multifamily Social DUS REMIC (FNA 2023-M1S) Under Its GeMS Program

WASHINGTON, July 28, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $641 million Multifamily Social DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on July 21, 2023. FNA 2023-M1S marks the second Fannie Mae GeMS issuance of 2023.

Jul 26, 2023 04:05 pm ET

Fannie Mae Releases June 2023 Monthly Summary

WASHINGTON, July 26, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) June 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Jul 26, 2023 10:24 am ET

Fannie Mae Announces Scheduled Release of Second Quarter 2023 Financial Results

Company to Host Conference Call

Jul 20, 2023 11:30 am ET

Fannie Mae Prices $766 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, July 20, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R06, an approximately $766 million note offering that represents Fannie Mae's sixth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Jul 19, 2023 08:30 am ET

Inflation is Slowing, But Fully Quelling It Will Be Tough

Limited Supply of Homes for Sale Boosts Prices, New Home Construction

Jul 17, 2023 08:30 am ET

Home Price Growth Again Surprises to the Upside

FNM-HPI Showed Quarterly Increase of 1.9 Percent on Seasonally Adjusted Basis

Jul 11, 2023 10:10 am ET

Fannie Mae Named 'Best Place to Work for Disability Inclusion' and 'Best Company for DEI'

Company Earns Top Score on Disability Equality Index for Fourth Consecutive Year, and Named to Black Enterprise's 2023 Best Companies for DEI

Jul 07, 2023 08:30 am ET

Consumer Confidence in Housing May Have Plateaued

HPSI Remains Stuck at Relatively Low Level amid Ongoing Supply and Affordability Constraints

Jun 30, 2023 12:34 pm ET

Fannie Mae Releases 2022 Environmental, Social, and Governance Report

WASHINGTON, June 30, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today published its 2022 Environmental, Social, and Governance (ESG) Report. The second annual report connects the company's stakeholders to Fannie Mae's mission of facilitating equitable and sustainable access to homeownership and quality affordable rental housing across America.

Jun 29, 2023 10:00 am ET

Fannie Mae Prices $738 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, June 29, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R05, an approximately $738 million note offering that represents Fannie Mae's fifth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Jun 26, 2023 04:05 pm ET

Fannie Mae Releases May 2023 Monthly Summary

WASHINGTON, June 26, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) May 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Jun 26, 2023 08:30 am ET

Mixed Data Complicates Economic Forecast, though Recession Remains Likely

Lack of Homes for Sale Is Supporting Home Prices, New Home Construction

Jun 22, 2023 09:00 am ET

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $26.6 Billion of Single-Family Loans

Company Begins Partnership with Certified Minority-Business Enterprise Protecdiv

Jun 07, 2023 08:30 am ET

Perceived Homebuying and Home-Selling Conditions Diverged Further in May

Affordability Constraints Have Consumers Increasingly Convinced It's a Good Time to Sell, Bad Time to Buy

Jun 05, 2023 04:05 pm ET

Fannie Mae Appoints Former Financial Services and Risk Executive Chetlur S. Ragavan to its Board of Directors

Mr. Ragavan Brings Decades of Risk Management and Financial Services Experience to Accomplished and Diverse Fannie Mae Board

May 30, 2023 03:00 pm ET

Fannie Mae Priced $537 Million Multifamily DUS REMIC (FNA 2023-M4) Under Its GeMS Program

WASHINGTON, May 30, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $537 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on May 19, 2023. FNA 2023-M4 marks the first Fannie Mae GeMS issuance of 2023.

May 26, 2023 10:50 am ET

Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Typhoon Mawar in Guam

WASHINGTON, May 26, 2023 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) is reminding homeowners and renters impacted by natural disasters, including those affected by Typhoon Mawar in Guam, of available mortgage assistance and disaster relief options. Mortgage servicers are also reminded of these options to assist people, especially as storm season begins nationwide.

May 25, 2023 01:45 pm ET

Fannie Mae Prices $765 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, May 25, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R04, an approximately $765 million note offering that represents Fannie Mae's fourth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

May 24, 2023 04:05 pm ET

Fannie Mae Releases April 2023 Monthly Summary

WASHINGTON, May 24, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) April 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

May 19, 2023 08:30 am ET

Recession Remains Likely as Credit Conditions Tighten

New Home Construction Solidifies as Prospective Buyers Shift Further Away from Existing Home Market

May 18, 2023 10:00 am ET

Fannie Mae Executes Fifth Credit Insurance Risk Transfer Transaction of 2023 on $18.1 Billion of Single-Family Loans

WASHINGTON, May 18, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its fifth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2023. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-5 transferred $424.4 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $24.5 billion of insurance coverage on $823.7 billion of single-family loans through the CIRT program, measured at the time of issuan

May 08, 2023 08:30 am ET

HPSI Increases as Housing Confidence Continues Upward Trend

Survey Finds Greater Consumer Optimism About Mortgage Rates

May 02, 2023 07:28 am ET

Fannie Mae Reports Net Income of $3.8 Billion for First Quarter 2023

WASHINGTON, May 2, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its first quarter 2023 financial results and filed its first quarter 2023 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended March 31, 2023. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

May 01, 2023 11:34 am ET

Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes

WASHINGTON, May 1, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of April 24, 2023 (collectively, the "Offer Documents").

Apr 28, 2023 10:00 am ET

Fannie Mae Executes Fourth Credit Insurance Risk Transfer Transaction of 2023 on $12.9 Billion of Single-Family Loans

WASHINGTON, April 28, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its fourth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2023. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-4 transferred $501.6 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $24 billion of insurance coverage on $806 billion of single-family loans through the CIRT program, measured at the time of issuanc

Apr 27, 2023 10:00 am ET

Fannie Mae Prices $622 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, April 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R03, an approximately $622 million note offering that represents Fannie Mae's third CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Apr 26, 2023 04:05 pm ET

Fannie Mae Releases March 2023 Monthly Summary

WASHINGTON, April 26, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) March 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Apr 25, 2023 09:30 am ET

Fannie Mae Announces Scheduled Release of First Quarter 2023 Financial Results

Company to Host Conference Call

Apr 24, 2023 09:00 am ET

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes

WASHINGTON, April 24, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Notes listed below (the "Notes"), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of April 24, 2023 (collectively, the "Offer Documents"). The Offers will expire at 5:00 PM New York City time on Friday, April 28, 2023 (the "Expiration Time") unl

Apr 21, 2023 08:30 am ET

Economy Resumes Gradual Slowdown Following Bank Turmoil

Mortgage Demand and Home Prices Prove Resilient; Sales Expected to Decline Further

Apr 18, 2023 08:30 am ET

Home Prices Grew 4.7 Percent Year over Year in First Quarter

FNM-HPI Showed Quarterly Increase of 1.0 Percent on Seasonally Adjusted Basis

Apr 07, 2023 08:30 am ET

Consumer Confidence in Housing Market Remains Near Historic Lows

Elevated Mortgage Rates Continue to Weigh on Existing Homeowners' Sense of Homebuying Conditions

Apr 05, 2023 01:17 pm ET

Fannie Mae Expands Equitable Housing Finance Plan

Innovations build on multi-year effort to drive equity in the housing industry

Apr 03, 2023 09:00 am ET

Fannie Mae Earns 2023 ENERGY STAR Award for Driving Positive Impact in Green Financing

Fannie Mae Recognized for Driving Adoption of Energy-Efficient Advancements in Housing

Mar 27, 2023 04:05 pm ET

Fannie Mae Releases February 2023 Monthly Summary

WASHINGTON, March 27, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) February 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Mar 27, 2023 10:30 am ET

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $31.8 Billion of Single-Family Loans

WASHINGTON, March 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed two Credit Insurance Risk Transfer™ (CIRT™) transactions. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-2 and CIRT 2023-3 transferred a combined $926 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $23.5 billion of insurance coverage on $793 billion of single-family loans through the CIRT program, measured at the ti

Mar 24, 2023 08:30 am ET

Banking System Instability May Prove Catalyst for Recession

Housing Activity Expected to Remain Subdued as Most Homeowners Remain 'Locked In' to Low Mortgage Rates

Mar 15, 2023 04:00 pm ET

Fannie Mae Names Former PricewaterhouseCoopers Partner and Financial Services Veteran Michael Seelig to the Board of Directors

WASHINGTON, March 15, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that Michael Seelig has been appointed to the Board of Directors and will serve on the Audit Committee. Mr. Seelig joins a diverse and accomplished Board that will help Fannie Mae fulfill its mission to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America.

Feb 27, 2023 03:05 pm ET

Fannie Mae Releases January 2023 Monthly Summary

WASHINGTON, Feb. 27, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) January 2023 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Feb 16, 2023 09:00 am ET

Fannie Mae Honors 22 High-Performing Mortgage Servicers

2022 STAR Program Recognizes Servicers for Industry Knowledge, Excellence

Feb 14, 2023 06:33 am ET

Fannie Mae Reports Net Income of $12.9 Billion for 2022 and $1.4 Billion for Fourth Quarter 2022

WASHINGTON, Feb. 14, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its fourth quarter and full-year 2022 financial results and filed its 2022 Form 10-K with the Securities and Exchange Commission. The filing provides consolidated financial statements for the year ended December 31, 2022. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

Feb 08, 2023 11:00 am ET

Fannie Mae Announces Scheduled Release of Fourth Quarter and Full-Year 2022 Financial Results

Company to Host Conference Call

Feb 07, 2023 12:30 pm ET

Fannie Mae Prices $709 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, Feb. 7, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R02, an approximately $709 million note offering that represents Fannie Mae's second CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Feb 07, 2023 07:30 am ET

Unaffordability Continues to Weigh Heavily on Consumer Perceptions of Housing Market

Elevated Mortgage Rates and Home Prices Are Dampening Consumer Opinion of Home Purchase Conditions

Jan 27, 2023 03:05 pm ET

Fannie Mae Releases December 2022 Monthly Summary

WASHINGTON, Jan. 27, 2023 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) December 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Jan 27, 2023 10:30 am ET

Fannie Mae Multifamily Closes 2022 With $69 Billion in Volume

Fannie Mae's Multifamily Financing Provided Continued Support for Affordable Housing and Other Market Segments

Jan 20, 2023 07:30 am ET

Housing Sector Awaits Improvement in Affordability; Modest Recession Still Expected

Elevated Mortgage Rates and Home Prices Expected to Continue to Limit Housing Activity

Jan 18, 2023 08:00 am ET

Fannie Mae Selects Five Proposals to Help Advance Racial Equity in Housing through $5 Million Innovation Challenge

Nationwide Competition Drew Innovative, Scalable Solutions to Remove Barriers in the Home Renting and Buying Experience

Jan 17, 2023 09:00 am ET

Fannie Mae Announces the Results of its Twenty-eighth Reperforming Loan Sale Transaction

WASHINGTON, Jan. 17, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-eighth reperforming loan sale transaction. The deal, announced on October 6, 2022, included the sale of approximately 10,100 loans totaling $1.9 billion in unpaid principal balance (UPB), divided into five pools. The winning bidders were Pacific Investment Management Company LLC (PIMCO) for Pools 1, 2 and 3, JP Morgan Mortgage Acquisition Corp. (Chase) for Pool 4, and PIF Onshore XXXV LP for Pool 5, each awarded individually. The transaction is expected to close by February 23, 2023.

Jan 17, 2023 08:00 am ET

Annual Home Price Growth Decelerates in Q4 to 9.2 Percent

FNM-HPI Showed Quarterly Decline of 1.0 Percent on Non-Seasonally Adjusted Basis

Jan 13, 2023 09:00 am ET

Fannie Mae Shares Further Details on the LIBOR Transition

WASHINGTON, Jan. 13, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reminded the market, as announced on December 22, 2022, that it will transition its legacy LIBOR loans and securities to the SOFR-indexed benchmark replacements recommended by the Federal Reserve Board. Additionally, in alignment with the Federal Reserve Board's final rule pursuant to the Adjustable Interest Rate (LIBOR) Act and based on guidance from Fannie Mae's Conservator, the Federal Housing Finance Agency (FHFA), Fannie Mae will not include term SOFR as a benchmark for new loans or floating-rate securities.

Jan 12, 2023 10:28 am ET

Fannie Mae Prices $731 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, Jan. 12, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2023-R01, an approximately $731 million note offering that represents Fannie Mae's first CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Jan 09, 2023 07:30 am ET

Easing Mortgage Rates and Home Prices Provide Slight Boost to Homebuyer Sentiment

HPSI Inched Upward in December but Remains Well Below Pre-Pandemic Highs

Dec 28, 2022 03:05 pm ET

Fannie Mae Releases November 2022 Monthly Summary

WASHINGTON, Dec. 28, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) November 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Dec 22, 2022 10:00 am ET

Fannie Mae Announces Replacement Rates for Legacy LIBOR Products

WASHINGTON, Dec. 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the replacement indices for the legacy LIBOR loans and securities for which Fannie Mae is responsible for selecting the replacement index. The replacement indices, outlined below, are the benchmark replacements recommended by the Federal Reserve Board and are based on the Secured Overnight Financing Rate (SOFR). The transition to these replacement indices will occur the day after June 30, 2023, the last date on which the Intercontinental Exchange, Inc. (ICE) Benchmark Administration Limited will publish a repr

Dec 19, 2022 07:30 am ET

Economy Expected to End 2022 on Positive Note Ahead of Modest Recession in New Year

Following Significant Decline in 2022, Housing and Mortgage Markets Not Expected to Meaningfully Recover Until 2024

Dec 12, 2022 01:00 pm ET

Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes

WASHINGTON, Dec. 12, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of December 5, 2022 (collectively, the "Offer Documents").

Dec 07, 2022 12:45 pm ET

Fannie Mae Announces 2023 Connecticut Avenue Securities (CAS) Issuance Calendar

Fannie Mae Completes CAS Issuance for 2022

Dec 07, 2022 07:30 am ET

High Mortgage Rates Remain Primary Impediment to Housing Sentiment

HPSI Breaks Consecutive-Decline Streak but Remains Just Above All-Time Low

Dec 06, 2022 11:45 am ET

Fannie Mae Introduces Enhancements to Help Expand Homeownership Opportunities for Underserved Borrowers

Updates enhance the underwriting process to support loans where no borrower has a credit score

Dec 05, 2022 08:00 am ET

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes

WASHINGTON, Dec. 5, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Notes listed below (the "Notes"), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of December 5, 2022 (collectively, the "Offer Documents"). The Offers will expire at 5:00 PM New York City time on Friday, December 9, 2022 (the "Expiration Time") u

Nov 30, 2022 03:05 pm ET

Fannie Mae Releases October 2022 Monthly Summary

WASHINGTON, Nov. 30, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) October 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Nov 22, 2022 11:00 am ET

Fannie Mae Executes its Eleventh and Final Credit Insurance Risk Transfer Transaction of 2022 on $10.1 Billion of Single-Family Loans

WASHINGTON, Nov. 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its eleventh and final Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-11 transferred $343 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $22 billion of insurance coverage on $749 billion of single-family loans through the CIRT program, measured at the time

Nov 21, 2022 07:30 am ET

Economy Still Expected to Enter (and Exit) Modest Recession in 2023

Housing Sales Forecasted to Hit Trough in Q2 2023 Before Beginning to Rebound

Nov 16, 2022 11:10 am ET

Fannie Mae Launches New Single-Family Social Disclosures

New Disclosures to Provide View into Socially Oriented Lending Activities

Nov 08, 2022 06:32 am ET

Fannie Mae Reports Net Income of $2.4 Billion for Third Quarter 2022

WASHINGTON, Nov. 8, 2022 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today reported its third quarter 2022 financial results and filed its third quarter 2022 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended September 30, 2022. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

Nov 07, 2022 09:00 am ET

Fannie Mae Adds Basis Multifamily Finance to Network of DUS Lenders

The Minority- and Women-Owned Business Advances Fannie Mae's Commitment to Diversity and Inclusion

Nov 07, 2022 07:30 am ET

Consumer Confidence in Housing Hits New All-Time Low

Only 16% of Consumers Report Now is a Good Time to Buy a Home

Nov 04, 2022 04:05 pm ET

Fannie Mae Announces Scheduled Release of Third Quarter 2022 Financial Results

Company to Host Conference Call

Nov 03, 2022 09:30 am ET

Fannie Mae Priced $392 Million Multifamily Social DUS REMIC (FNA 2022-M2S) Under Its GeMS Program

WASHINGTON, Nov. 3, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $392 million Multifamily Social DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on October 27, 2022. FNA 2022-M2S marks the eighth Fannie Mae GeMS issuance of 2022.

Oct 31, 2022 04:05 pm ET

Fannie Mae Releases September 2022 Monthly Summary

WASHINGTON, Oct. 31, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) September 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Oct 27, 2022 11:30 am ET

Fannie Mae Announces 2023 Benchmark Securities Issuance Calendar

WASHINGTON, Oct. 27, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its 2023 Benchmark Securities® Issuance Calendar (PDF). The calendar provides opportunities for investors and other market participants to utilize Fannie Mae Benchmark Securities for their respective investment activities.

Oct 25, 2022 09:30 am ET

Fannie Mae Announces Winner of Twentieth Community Impact Pool of Non-Performing Loans

WASHINGTON, Oct. 25, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twentieth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on December 9, 2022 and includes approximately 61 loans totaling $13.0 million in unpaid principal balance (UPB). The loans are geographically located in the Miami-Dade area, and the winning bidder was Restora, LLC, which is majority owned by Restorative Neighborhood Resources LLC ("RNR"). Skid Row Housing Trust, a not-for-profit entity, is the sole member of RNR. The pool was marketed

Oct 21, 2022 10:15 am ET

Fannie Mae Executes its Tenth Credit Insurance Risk Transfer Transaction of 2022 on $9.6 Billion of Single-Family Loans

WASHINGTON, Oct. 21, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its tenth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-10 transferred $265 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $22 billion of insurance coverage on $740 billion of single-family loans through the CIRT program, measured at the time of issuance f

Oct 17, 2022 10:30 am ET

Home Price Growth Decelerated in the Third Quarter

FNM-HPI Measured Annual Home Price Growth of 13.8 Percent in Q3 2022

Oct 12, 2022 08:30 am ET

Economy Expected to Contract Further in 2023, as the Fed Appears Resolved to Tame Inflation

Housing Slowdown Demonstrates Impact of Rapidly Risen Mortgage Rate Environment

Oct 11, 2022 09:30 am ET

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale

WASHINGTON, Oct. 11, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twentieth non-performing loan sale transaction. The deal, announced on September 8, 2022, included the sale of approximately 5,650 loans totaling $936.9 million in unpaid principal balance (UPB), divided into four pools. The winning bidders of the four pools for the transaction were Oak Harbor Capital, LLC (Oak Harbor) for Pool 1, VRMTG ACQ, LLC (VWH Capital Management, LP) for Pool 2, and MCLP Asset Company, Inc. (Goldman Sachs) for Pools 3 and 4. Pools were awarded individually. The transa

Oct 07, 2022 08:30 am ET

Housing Sentiment Dips Again, Inches Closer to All-Time Low

Consumers Appear Increasingly Sensitive to Affordability Constraints of Higher Mortgage Rates and Elevated Home Prices

Oct 06, 2022 10:00 am ET

Fannie Mae Announces Twenty-Eighth Sale of Reperforming Loans

WASHINGTON, Oct. 6, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its twenty-eighth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.

Sep 30, 2022 04:05 pm ET

Fannie Mae Releases August 2022 Monthly Summary

WASHINGTON, Sept. 30, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) August 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Sep 29, 2022 04:29 pm ET

Fannie Mae Announces Priscilla Almodovar as Chief Executive Officer

Financial services veteran brings more than 30 years of finance, real estate, and community development expertise and a strong commitment to affordable housing

Sep 27, 2022 05:45 pm ET

Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Hurricane Ian

WASHINGTON, Sept. 27, 2022 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) is reminding homeowners and renters that have been or may be impacted by a natural disaster, including those affected by Hurricane Ian in Florida and other southeastern states, of available mortgage assistance and disaster relief options. Under Fannie Mae's guidelines for single-family mortgages impacted by a natural disaster:

Sep 27, 2022 08:05 am ET

Fannie Mae Launches Rent Payment Reporting Program to Help Renters Build Credit

Fannie Mae Takes Another Step to Bolster Equitable Access to Credit for More Consumers

Sep 22, 2022 09:30 am ET

Fannie Mae Executes its Ninth Credit Insurance Risk Transfer Transaction of 2022 on $21 Billion of Single-Family Loans

WASHINGTON, Sept. 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its ninth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-9 transferred $700 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $22 billion of insurance coverage on $730 billion of single-family loans through the CIRT program, measured at the time of issuance f

Sep 21, 2022 05:55 pm ET

Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Hurricane Fiona

WASHINGTON, Sept. 21, 2022 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) is reminding homeowners and renters impacted by natural disasters, including those affected by Hurricane Fiona in Puerto Rico, of available mortgage assistance and disaster relief options. Under Fannie Mae's guidelines for single-family mortgages impacted by a natural disaster:

Sep 21, 2022 09:30 am ET

Fannie Mae Prices $591 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, Sept. 21, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2022-R09, an approximately $591 million note offering that represents Fannie Mae's ninth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Sep 21, 2022 08:30 am ET

Economic Indicators Continue to Point to Likely Recession in 2023

Housing Expected to Cool Even Further as Mortgage Rates Move Higher

Sep 15, 2022 01:43 pm ET

Fannie Mae Names Anthony Moon Executive Vice President and Chief Risk Officer

Moon brings nearly 30 years of risk management experience to role

Sep 15, 2022 10:00 am ET

Fannie Mae Announces the Results of its Twenty-Seventh Reperforming Loan Sale Transaction

WASHINGTON, Sept. 15, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-seventh reperforming loan sale transaction. The deal, announced on August 11, 2022, included the sale of approximately 6,060 loans totaling $986.4 million in unpaid principal balance (UPB), divided into three pools. The winning bidders were Pacific Investment Management Company LLC (PIMCO) for Pool 1, DLJ Mortgage Capital, Inc. (Credit Suisse) for Pool 2, and Sutton Funding, LLC (Barclays) for Pool 3, each awarded individually. The transaction is expected to close by October 26, 2022

Sep 14, 2022 10:20 am ET

Fannie Mae Priced $604 Million Multifamily DUS REMIC (FNA 2022-M13) Under Its GeMS Program

WASHINGTON, Sept. 14, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $604 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on September 8, 2022. FNA 2022-M13 marks the seventh Fannie Mae GeMS issuance of 2022.

Sep 08, 2022 10:00 am ET

Fannie Mae Announces Sale of Non-Performing Loans

NPL 2022-2 Includes the Company's Twentieth Community Impact Pool Offering

Sep 07, 2022 08:30 am ET

High Home Prices, Mortgage Rates Weighing on Housing Sentiment

Year-over-Year Jump in Interest Rates Amplifying Perceptions of Unaffordability for Buyers and 'Lock-in Effect' for Sellers

Aug 31, 2022 04:05 pm ET

Fannie Mae Releases July 2022 Monthly Summary

WASHINGTON, Aug. 31, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) July 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Aug 22, 2022 08:30 am ET

Economy Constrained by Competing Effects of Elevated Inflation and Strong Labor Market

Housing Activity Expected to Soften Through 2023 Due to Higher Mortgage Rates and Home Price Gains

Aug 11, 2022 10:00 am ET

Fannie Mae Announces Twenty-Seventh Sale of Reperforming Loans

WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its twenty-seventh sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.

Aug 10, 2022 09:50 am ET

Fannie Mae Appoints Cissy Yang Chief Audit Executive

Experienced Financial Services Executive Will Lead Fannie Mae's Audit Strategy

Aug 08, 2022 08:30 am ET

Consumer Sentiment Toward Housing at Lowest Level in Decade

Latest HPSI Reading Shows Consumers Increasingly Concerned by Both Homebuying and Home-Selling Conditions

Aug 02, 2022 09:30 am ET

Fannie Mae Prices $626 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, Aug. 2, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2022-R08, an approximately $626 million note offering that represents Fannie Mae's eighth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Aug 01, 2022 10:00 am ET

Fannie Mae Announces Results of Recent Reperforming Loan Sale

WASHINGTON, Aug. 1, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of a recent reperforming loan sale. The sale of approximately 5,460 loans totaling $663.3 million in unpaid principal balance (UPB) was awarded to JP Morgan Mortgage Acquisition Corp. (Chase). The transaction is expected to close on August 26, 2022. The pool was marketed with Citigroup Global Markets Inc. as advisor.

Jul 29, 2022 04:05 pm ET

Fannie Mae Releases June 2022 Monthly Summary

WASHINGTON, July 29, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) June 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

Jul 29, 2022 07:34 am ET

Fannie Mae Reports Net Income of $4.7 Billion for Second Quarter 2022

WASHINGTON, July 29, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its second quarter 2022 financial results and filed its second quarter 2022 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended June 30, 2022. The following documents are now available on Fannie Mae's website at www.fanniemae.com.

Jul 22, 2022 10:00 am ET

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $33 Billion of Single-Family Loans

WASHINGTON, July 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its seventh and eighth Credit Insurance Risk Transfer™ (CIRT™) transactions of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-7 and CIRT 2022-8 transferred $1 billion of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $21 billion of insurance coverage on $709 billion of single-family loans through the CIRT program, measure

Jul 21, 2022 12:00 pm ET

Fannie Mae Appoints Katie Jones as Chief Human Resources Officer

Experienced Human Resources Executive with Financial Services Background Joins Fannie Mae to Drive Enterprise Human Resources and Talent Strategy

Jul 21, 2022 10:36 am ET

Fannie Mae Announces Scheduled Release of Second Quarter 2022 Financial Results

Company to Host Conference Call

Jul 20, 2022 02:14 pm ET

Economic Growth Stagnating as Record Inflation Persists

Housing Increasingly Constrained by High Mortgage Rates, Slowing Economy

Jul 20, 2022 09:00 am ET

Fannie Mae Recognized as a 'Best Place to Work for Disability Inclusion' by 2022 Disability Equality Index

Fannie Mae Earns Top Score on the Index for Third Consecutive Year

Jul 15, 2022 10:00 am ET

Fannie Mae Announces the Results of its Twenty-Sixth Reperforming Loan Sale Transaction

WASHINGTON, July 15, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-sixth reperforming loan sale transaction. The deal, announced on June 9, 2022, included the sale of approximately 4,390 loans totaling $889.75 million in unpaid principal balance (UPB), divided into two pools. The winning bidders of Pool 1 and Pool 3, respectively, were Pacific Investment Management Company LLC (PIMCO) and Kah Capital Mortgage Credit Master Fund II, LP (Kah Capital), each awarded individually. Pool 2 was not awarded. The transaction is expected to close on August 19,

Jul 14, 2022 08:30 am ET

Home Prices Grew at Near-Record High in Second Quarter

FNM-HPI Measured Home Price Growth at Annualized Rate of 19.4 Percent in Q2 2022

Jun 28, 2022 12:00 pm ET

Fannie Mae Prices $866 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, June 28, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2022-R07, an approximately $866 million note offering that represents Fannie Mae's seventh CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Jun 28, 2022 09:30 am ET

Fannie Mae Announces Winner of Nineteenth Community Impact Pool of Non-Performing Loans

WASHINGTON, June 28, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its nineteenth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on August 19, 2022 and includes approximately 120 loans totaling $36.2 million in unpaid principal balance (UPB). The loans are geographically focused in the New York area, and the winning bidder was The State of New York Mortgage Agency Community Restoration Fund (SONYMA CRF). The pool was marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.

Jun 24, 2022 09:00 am ET

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Debt Notes

WASHINGTON, June 24, 2022 /PRNewswire/ -- Fannie Mae (OTCQB:FNMA) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Debt Notes listed below (the "Notes"), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of June 24, 2022 (collectively, the "Offer Documents"). The Offers will expire at 5:00 PM New York City time on Thursday, June 30, 2022 (the "Expiration Time")

Jun 16, 2022 08:30 am ET

Elevated Inflation, Higher Interest Rates Expected to Take Toll on Consumer Spending

Housing Predicted to Drag on Growth Through 2023 as Financial Conditions Tighten

Jun 14, 2022 10:00 am ET

Fannie Mae Introduces New Refinance Application-Level Index (RALI)

The RALI Will Provide Near Real-Time Insights into Refinance and Prepayment Trends

Jun 14, 2022 09:00 am ET

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale

WASHINGTON, June 14, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its nineteenth non-performing loan sale transaction. The deal, announced on May 12, 2022, included the sale of approximately 3,220 loans totaling $477.2 million in unpaid principal balance (UPB), divided into two pools. The winning bidder of the two pools for the transaction was MCLP Asset Company, Inc. (Goldman Sachs) for Pool 1 and Pool 2; pools were awarded individually. The transaction is expected to close on July 27, 2022. The pools were marketed with BofA Securities, Inc. and First Financi

Jun 13, 2022 12:00 pm ET

Fannie Mae Executes Credit Insurance Risk Transfer Transaction on $19 Billion of Single-Family Loans

WASHINGTON, June 13, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its sixth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-6 transferred $725 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $19.9 billion of insurance coverage on $675.9 billion of single-family loans through the CIRT program, measured at the time of issuanc

Jun 09, 2022 10:00 am ET

Fannie Mae Announces Twenty-sixth Sale of Reperforming Loans

WASHINGTON, June 9, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its twenty-sixth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.

Jun 08, 2022 02:09 pm ET

Fannie Mae Addresses Inequalities in Housing Faced by Black Renters and Homeowners

Fannie Mae's Equitable Housing Finance Plan Outlines Specific Actions Fannie Mae Will Take to Knock Down Barriers and Provide Access to Affordable Housing

Jun 07, 2022 12:30 pm ET

Fannie Mae Prices $754 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON, June 7, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2022-R06, an approximately $754 million note offering that represents Fannie Mae's sixth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

Jun 07, 2022 08:30 am ET

Would-Be Homebuyers Feeling Squeeze of Higher Home Prices and Mortgage Rates

Only 17% of Consumers Report It's a 'Good Time to Buy' a Home

May 31, 2022 04:05 pm ET

Fannie Mae Releases April 2022 Monthly Summary

WASHINGTON, May 31, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) April 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.

May 20, 2022 09:30 am ET

Fannie Mae Executes Credit Insurance Risk Transfer Transaction on $21 Billion of Single-Family Loans

WASHINGTON, May 20, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its fifth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-5 transferred $733.3 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $19.2 billion of insurance coverage on $656.6 billion of single-family loans through the CIRT program, measured at the time of issuan

Ad blocking detected

Federal National Mortgage Association (PK:FNMA)

Business Focus: Retail & Mortgage Banks