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WASHINGTON , April 15, 2020 /PRNewswire/ -- The longest economic expansion in U.S. history has likely come to an end amid the unprecedented impacts of COVID-19, according to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group . ...
In this episode of Motley Fool Answers , Alison Southwick and Motley Fool personal finance expert Robert Brokamp chat about unemployment rates and markets in general. Also, Robert covers the most important provisions of the recently passed CARES Act. Learn about the benefits and different way...
As unemployment skyrockets due to social distancing efforts to curb the spread of the coronavirus, requests for mortgage forbearance surged 78% for the week ended April 5 vs. the previous week, the Mortgage Bankers Association said. More news on: Federal National Mortgage Association, Fr...
WASHINGTON , April 9, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced its fourth Multifamily DUS ® REMIC in 2020 totaling $1.07 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on April 8, 2020 . "We were pleased w...
One of the nation's top housing regulators said about two weeks ago that many mortgage servicing firms could fail if the coronavirus pandemic lasts for more than two months. Now Mark Calabria, head of the Federal Housing Finance Agency, which oversees the government-sponsored entities (GSEs), h...
Federal Housing Finance Agency Director Mark Calabria said has plans to address concerns raised by the mortgage industry over servicers' ability to handle rising forbearance, but it's not a liquidity facility, reports HousingWire. More news on: Federal National Mortgage Association, Fred...
WASHINGTON , April 7, 2020 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index ® (HPSI) fell 11.7 points to 80.8 in March, its lowest reading since December 2016 . Five of the six HPSI components decreased month over month, including the percentage of ...
Fannie Mae ( OTCQB:FNMA -2.7% ) and Freddie Mac ( OTCQB:FMCC -0.8% ) have the enough resources to last through a lockdown of ~12 weeks, but would need funds from Congress or the Federal Reserve after that, Mark Calabria, director of the Federal Housing Finance Agency, told the Financi...
WASHINGTON , March 31, 2020 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) February 2020 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 an...
Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) are two undercapitalized, countercyclical providers of liquidity that support equal opportunity affordable housing. The action plan here is to buy their publicly traded preferred stock and hold for about a year for triple-digit returns. Since Septem...
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Fannie Mae Prices $659 Million Connecticut Avenue Securities (CAS) REMIC Deal PR Newswire WASHINGTON , July 18, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) priced Connecticut Avenue Securities ® (CAS) Series 2024-R05, an approximately $659 million n...
Fannie Mae Named 'Best Place to Work for Disability Inclusion' by Disability:IN PR Newswire Company Earns Top Score on the Disability Equality Index for Fifth Consecutive Year WASHINGTON , July 18, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today ...
Home Prices Advance Another 3 Percent in Second Quarter, Show Signs of Slowing PR Newswire Latest FNM-HPI Reading Showed Year-over-Year Increase of 6.9 Percent in Q2 2024 WASHINGTON , July 18, 2024 /PRNewswire/ -- Single-family home prices increased 6.9 p...