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Federal National Mortgage Association - FNMA STOCK NEWS

Welcome to our dedicated news page for Federal National Mortgage Association (Ticker: FNMA), a resource for investors and traders seeking the latest updates and insights on Federal National Mortgage Association.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Federal National Mortgage Association's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Federal National Mortgage Association's position in the market.

News
Expert Panel Upgrades Home Price Growth Outlook, Cites Supply Constraints and Lower Mortgage Rates
Rhea-AI Summary
Fannie Mae's Q1 2024 Home Price Expectations Survey predicts a 3.8% national home price growth in 2024, with experts foreseeing a median 6% mortgage rate by the year-end, indicating increased upside risk due to housing supply constraints and lower mortgage rates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
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News
Housing Activity Expected to Pick Up in 2024 as Rates Move Lower
Rhea-AI Summary
Fannie Mae's Economic and Strategic Research Group forecasts modest growth in existing home sales and new single-family housing starts in 2024 due to lower mortgage rates and improving homebuyer sentiment. The group expects mortgage rates to decrease slightly by the end of 2024 and 2025, while single-family starts are projected to increase despite a recent pullback. The forecast also includes an upgraded macroeconomic growth outlook for 2024 based on strong Q4 2023 GDP report and positive trends in population growth and immigration. However, concerns about softer consumer spending, slowing government spending growth, and cooling labor market persist.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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none
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News
Fannie Mae Appoints Peter Akwaboah as Chief Operating Officer
Rhea-AI Summary
Fannie Mae appoints Peter Akwaboah as Executive Vice President and COO, bringing nearly three decades of experience from the financial services industry. Akwaboah will oversee various functions and report to CEO Priscilla Almodovar, enhancing technology and operations capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
management
News
Fannie Mae Reports Net Income of $17.4 billion for 2023 and $3.9 Billion for Fourth Quarter 2023
Rhea-AI Summary
Fannie Mae (FNMA) released its fourth-quarter and full-year 2023 financial results, along with filing its 2023 Form 10-K. The documents are available on their website. A conference call is scheduled to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
earnings
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News
Fannie Mae Announces the Results of its Thirtieth Reperforming Loan Sale Transaction
Rhea-AI Summary
Fannie Mae (FNMA) announces the results of its thirtieth reperforming loan sale, selling 2,722 loans totaling $499.6 million to Pacific Investment Management Company LLC. The transaction is expected to close by March 26, 2024, with specific loan pool details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.88%
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none
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News
Fannie Mae Recognizes 32 High-Performing Mortgage Servicers Across Three Key Performance Areas
Rhea-AI Summary
Fannie Mae's 2023 STAR Program recognizes 32 mortgage servicers for excellence in servicing, solution delivery, and timeline management. The program aims to improve industry standards and operational efficiency, highlighting top performers in the mortgage servicing sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
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none
News
Fannie Mae Priced $518.3 Million Multifamily DUS REMIC (FNA 2024-M2) Under Its GeMS Program
Rhea-AI Summary
Fannie Mae priced a $518.3 million Multifamily DUS REMIC under its GeMS program, FNA 2024-M2, on Jan 31, 2024. This marks their first issuance of 2024, showcasing swift execution amidst market volatility. All classes are guaranteed by Fannie Mae, with attractive pricing and investor participation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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none
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News
Fannie Mae Announces Scheduled Release of Fourth Quarter and Full-Year 2023 Financial Results
Rhea-AI Summary
Fannie Mae (FNMA) is set to release its fourth quarter and full-year 2023 financial results on February 15, 2024, followed by a conference call to discuss the results. The company's earnings news release, annual report, and supplemental information will be available on their website, and a transcript of the call will be published afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.84%
Tags
earnings
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News
Fannie Mae Announces Sale of Non-Performing Loans
Rhea-AI Summary
Fannie Mae announces the sale of non-performing loans, including the twenty-third Community Impact Pool, aimed at reducing the size of its retained mortgage portfolio. The large pool includes 1,689 loans totaling $247.3 million in UPB, and the CIP includes 38 loans totaling $10.5 million in UPB, geographically located in the New York/New Jersey area. The sale is being marketed in collaboration with BofA Securities, Inc. and First Financial Network, Inc. Buyers are required to offer sustainable loss mitigation options for borrowers, honor any approved or in-process loss mitigation efforts, and offer a waterfall of loss mitigation options before initiating foreclosure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.84%
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none
News
Mortgage Rate Optimism Hits Survey High
Rhea-AI Summary
Fannie Mae's Home Purchase Sentiment Index (HPSI) increased 3.5 points in January to 70.7, the highest level since March 2022, driven by increased consumer confidence in job security and expectations of decreasing mortgage rates. Consumer sentiment toward housing is at its highest level in nearly two years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Federal National Mortgage Association

OTC:FNMA

FNMA Rankings

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FNMA Stock Data

1.83B
1.16B
10.15%
12.12%
Real Estate Credit
Finance and Insurance
Link
US
Washington

About FNMA

fannie mae serves the people who house america. we are a leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets at all times. our financing makes sustainable homeownership and workforce rental housing a reality for millions of americans. we also help make possible the popular 30-year, fixed-rate mortgage, which provides homeowners with stable, predictable mortgage payments over the life of the loan. our tools and resources help homebuyers, homeowners, and renters understand their housing options. we put our customers and partners at the center of everything we do. we apply our experience and expertise to deliver innovative solutions to help our customers succeed. at fannie mae, our people pour their hearts into everything they do. because we know it makes a real difference in others’ lives. we are committed to moving forward with our partners to build a stronger, safer, more efficient housing finance system. join us at the hea