Welcome to our dedicated page for Federal Nat news (Ticker: FNMA), a resource for investors and traders seeking the latest updates and insights on Federal Nat stock.
Fannie Mae reports news centered on its role as a federally chartered housing finance company and government-sponsored enterprise traded on OTCQB under FNMA. Recurring updates include quarterly and annual financial results, earnings presentations, financial supplements, and monthly summaries of gross mortgage portfolio activity, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.
Company announcements also cover Selling Guide updates for credit score modernization, including VantageScore 4.0 and FICO Score 10T, as well as capital markets activity involving Connecticut Avenue Securities notes. Governance and housing finance policy developments may appear alongside disclosures tied to Fannie Mae’s conservatorship framework.
Fannie Mae (OTCQB: FNMA) has announced a new sale of non-performing loans, including two larger pools totaling approximately 1,119 deeply delinquent loans worth $198.6 million in unpaid principal balance (UPB), and a Community Impact Pool (CIP) of about 40 loans valued at $7.2 million UPB located in Florida.
The sale, marketed with BofA Securities and First Financial Network, requires bids by May 15, 2025 for the larger pools and May 27, 2025 for the CIP. Buyers must follow strict terms, including offering sustainable loss mitigation options to borrowers and honoring existing loan modifications. If foreclosure is unavoidable, properties must first be marketed to owner-occupants and non-profits before investors, similar to Fannie Mae's FirstLook® program.
Fannie Mae (OTCQB: FNMA) reports steady home price growth in Q1 2025, with single-family home prices increasing 5.2% year-over-year, slightly down from 5.3% in the previous quarter. The Fannie Mae Home Price Index (FNM-HPI) showed a 1.4% quarterly increase on both seasonally adjusted and non-seasonally adjusted basis.
The FNM-HPI is a national, repeat-transaction index that measures average quarterly price changes for single-family properties across the United States, excluding condos. The index, available publicly at the national level, spans from Q1 1975 to Q1 2025 and is published mid-month during the first month of each quarter.
Fannie Mae (OTCQB: FNMA) has released its Q1 2025 Home Price Expectations Survey (HPES), revealing a projected moderation in home price growth. According to a panel of over 100 housing experts, national home price growth is expected to average 3.4% in 2025 and 3.3% in 2026, down from the 5.8% growth recorded in 2024.
These latest projections represent downward revisions from the previous quarter's forecasts, which anticipated 3.8% growth for 2025 and 3.6% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).
Fannie Mae (OTCQB: FNMA) has announced the completion of its thirty-fourth reperforming loan sale transaction. The sale, initially announced on March 4, 2025, comprised 3,130 loans with a total unpaid principal balance of $558.7 million. Pacific Investment Management Company emerged as the winning bidder, with the transaction expected to close by April 23, 2025.
Key metrics of the loan pool include an average loan size of $178,503, a weighted average note rate of 3.82%, and a weighted average broker's price opinion loan-to-value ratio of 46%. The cover bid was 84.66% of UPB. The sale terms require buyers to offer loss mitigation options to borrowers who may default within five years, including loan modifications and potential principal forgiveness.
Fannie Mae (OTCQB: FNMA) has published its Monthly Summary for February 2025. The report provides comprehensive data on the company's monthly and year-to-date performance across several key areas including:
- Gross mortgage portfolio metrics
- Mortgage-backed securities and other guarantees
- Interest rate risk measures
- Serious delinquency rates
The summary serves as a key indicator of Fannie Mae's operational performance and market position in the mortgage industry for February 2025.
Fannie Mae (FNMA) has revised its mortgage rate forecast, now projecting rates to end at 6.3% in 2025 and 6.2% in 2026, representing downward revisions of 0.3 percentage points for both years. This adjustment has led to a slight upgrade in the existing home sales forecast for 2025, although overall home sales expectations remain modest.
The Economic and Strategic Research (ESR) Group forecasts real GDP growth of 1.7% in 2025 and 2.1% in 2026 on a Q4/Q4 basis, marking modest downward revisions due to weaker data and trade policy clarity. According to Mark Palim, Fannie Mae's Senior Vice President and Chief Economist, mortgage rates are expected to decrease further within the next quarter, potentially stimulating additional sales from hesitant buyers.
Fannie Mae's Home Purchase Sentiment Index (HPSI) declined 1.8 points to 71.6 in February 2025, marking its first year-over-year decrease (-1.2 points) in nearly two years. The decline was primarily driven by growing consumer pessimism about mortgage rates, with only 30% expecting rates to decrease in the next year.
While the share of consumers viewing it as a good time to buy slightly increased to 24%, the majority (76%) still consider it a bad time. The percentage seeing it as a good time to sell dropped to 62%. The survey revealed decreased optimism in personal finances, with more respondents concerned about job security and household income.
Key metrics show: home price expectations declined with 41% expecting increases; mortgage rate pessimism grew with 33% expecting increases; job loss concerns rose to 23% of respondents; and household income confidence weakened with 11% reporting significantly lower income compared to last year.
Fannie Mae (OTCQB: FNMA) has announced a new sale of reperforming loans as part of its strategy to reduce its retained mortgage portfolio. The sale package includes approximately 3,141 loans with an unpaid principal balance of $559.8 million.
The sale, marketed in collaboration with Citigroup Global Markets, Inc., will accept bids until March 26, 2025. Buyers must commit to specific terms, including:
- Offering loss mitigation options to borrowers who default within 5 years post-sale
- Honoring existing approved or in-process loss mitigation efforts
- Providing delinquent borrowers with loss mitigation options, including possible principal forgiveness, before initiating foreclosure
Fannie Mae (FNMA) has published its Monthly Summary for January 2025, providing key operational metrics and performance indicators. The report includes detailed information about the company's gross mortgage portfolio, mortgage-backed securities, other guarantees, interest rate risk measures, and serious delinquency rates for both monthly and year-to-date activities.
Fannie Mae (OTCQB: FNMA) has announced its 2024 Servicer Total Achievement and Rewards (STAR) Program results, recognizing 29 mortgage servicers for their exceptional performance across three key categories: General Servicing, Solution Delivery, and Timeline Management.
The STAR Program, which has been operating since 2011, evaluates servicers based on loan volume, portfolio composition, and industry-leading practices. Recipients are assessed through the Servicer Capability Framework and STAR Performance Scorecard, with a focus on operational excellence and credit loss reduction.
Notable recipients include major financial institutions such as JPMorgan Chase Bank, Wells Fargo & Company, Bank of America, and Mr. Cooper, with the latter achieving recognition across all three performance categories. According to Cyndi Danko, Senior Vice President and Single-Family Chief Credit Officer, these servicers play a important role in Fannie Mae's mission to provide stability to borrowers while maintaining strong servicing standards.