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Presidential election candidates Donald Trump and Joe Biden have diverse views on the federal government’s role in the $11T mortgage market.As per data from TheStreet's Mish Talk, the Fed now owns $2T in mortgages:Q2 mortgage volumes peaked to an11-month high, growing 130% in refinance...
Federal National Mortgage Association (FNMA) Q3 2020 Earnings Conference Call October 29, 2020 8:00 AM ET Company Participants Pete Bakel – Director-External Communications Hugh Frater – Chief Executive Officer Celeste Mellet Brown – Chief Financial Officer Conference Cal...
Fannie Mae (FNMA) Q3 net interest income of $6.66B rose 15% Q/Q due to higher mortgage loan prepayment activity as a result of the historically low interest rate environment in Q3.The net interest income growth was also helped by an updated accounting policy that lets the company continu...
Fannie Mae Reports Net Income of $4.2 Billion for Third Quarter 2020 PR Newswire WASHINGTON, Oct. 29, 2020 WASHINGTON , Oct. 29, 2020 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today reported its third quarter 2020 financial results and filed its third quar...
Fannie Mae Reminds Homeowners and Mortgage Servicers of Assistance Options for Those Affected by Hurricane Zeta PR Newswire WASHINGTON, Oct. 28, 2020 WASHINGTON , Oct. 28, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding those impacted by ...
Fannie Mae Announces 2021 Benchmark Securities Issuance Calendar PR Newswire WASHINGTON, Oct. 26, 2020 WASHINGTON , Oct. 26, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its 2021 Benchmark Securities ® Issuance Calendar (PDF) ...
Fannie Mae Announces Scheduled Release of Third Quarter 2020 Financial Results Company to Host Conference Call PR Newswire WASHINGTON, Oct. 26, 2020 WASHINGTON , Oct. 26, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to rep...
SCOTUS has scheduled the Collins oral argument for December 9, 2020. I believe the government will want to settle Collins before this date. What might this settlement look like? The settlement must have an economic component (at a minimum, eliminating Treasury's senior preferred stock...
The Federal Housing Finance Authority will release a new rule that will establish a process for Fannie Mae (FNMA) and Freddie Mac (FMCC) stakeholders and the public to comment when the government-sponsored enterprises plan to launch a new product."If the FHFA determines that the new activity ...
Fannie Mae (FNMA) and Freddie Mac (FMCC) will extend several loan origination flexibilities until Nov. 30, 2020 to ensure continued support for borrowers during the COVID-19 emergency, the Federal Housing Finance Agency reports.They were set to expire at the end of October.The extended flexib...
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Fannie Mae Announces the Results of its Thirty-first Reperforming Loan Sale Transaction PR Newswire WASHINGTON , May 16, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its thirty-first reperforming loan sale transaction. The dea...
Fannie Mae Appoints Data Science and Technology Executive Diane N. Lye to its Board of Directors PR Newswire 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 y...
Fannie Mae Expands Income Calculator Tool with Free, Web-based Option for Loan Originators PR Newswire New Enhancement Calculates Borrower Self-Employment Income with Speed and Certainty WASHINGTON , May 8, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) ha...