Fannie Mae Releases July 2021 Monthly Summary

Fannie Mae (OTCQB: FNMA) has released its July 2021 Monthly Summary, detailing key metrics related to its gross mortgage portfolio, mortgage-backed securities, interest rate risk measures, and loan modifications.

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Fannie Mae (OTCQB: FNMA) has released its July 2021 Monthly Summary, detailing key metrics related to its gross mortgage portfolio, mortgage-backed securities, interest rate risk measures, and loan modifications. The report includes important data on year-to-date activities and serious delinquency rates, reflecting the company's ongoing role in supporting affordable housing in the US. Fannie Mae aims to facilitate the home buying process while managing financial risks effectively.

Positive

• Continued support for affordable housing by providing access to the 30-year fixed-rate mortgage.
• Increased loan modifications aimed at assisting borrowers.

Negative

• High serious delinquency rates affecting overall portfolio performance.

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WASHINGTON, Aug. 31, 2021 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) July 2021 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, serious delinquency rates, and loan modifications.

About Fannie Mae
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit:

fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

View original content:https://www.prnewswire.com/news-releases/fannie-mae-releases-july-2021-monthly-summary-301366388.html

SOURCE Fannie Mae

FAQ

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What does Fannie Mae's July 2021 Monthly Summary report include?

The report includes details about the gross mortgage portfolio, mortgage-backed securities, interest rate risk measures, serious delinquency rates, and loan modifications.

How is Fannie Mae supporting affordable housing in 2021?

Fannie Mae continues to facilitate access to mortgages, including the 30-year fixed-rate mortgage, aiding in affordable housing initiatives.

What is the significance of serious delinquency rates reported by Fannie Mae?

High serious delinquency rates can impact the company's financial stability and indicate potential challenges in loan repayments.