Federal National Mortgage Association (FNMA)
Market Cap | 18.42B |
Revenue (ttm) | 30.75B |
Net Income (ttm) | -14.00M |
Shares Out | 5.74B |
EPS (ttm) | -0.00 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,407,582 |
Open | 3.180 |
Previous Close | 3.160 |
Day's Range | 3.120 - 3.310 |
52-Week Range | 0.700 - 3.650 |
Beta | 1.62 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 29, 2024 |
About FNMA
Federal National Mortgage Association provides financing solutions for mortgages in the United States. The company operates through Single-Family and Multifamily segments. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S. Departme... [Read more]
Financial Performance
In 2023, FNMA's revenue was $31.94 billion, an increase of 30.19% compared to the previous year's $24.53 billion. Earnings were $3.00 million, a change of 0.00%.
Financial StatementsNews
Recent Rate Run-Up Expected to Keep Existing Home Sales Near Historic Lows Through 2025
Economy Remains on Strong Footing, though Core Inflation Remains Sticky WASHINGTON , Nov. 21, 2024 /PRNewswire/ -- Existing home sales are now expected to rise only 4 percent next year from a 2024 pac...
Fannie Mae Announces 2025 Benchmark Securities Issuance Calendar
WASHINGTON , Nov. 19, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its 2025 Benchmark Securities® Issuance Calendar (PDF). The 2025 Benchmark Securities Calendar identifies at least o...
Fannie Mae and Freddie Mac Shares Soared After Trump's Win. What Comes Next for the Stocks.
Investors are betting that the president-elect will push to remove the companies, from their Federal Housing Finance Administration conservatorship.
Fannie Mae Appoints Former Homebuilding Industry Executive Scott D. Stowell to its Board of Directors
WASHINGTON , Nov. 7, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced Scott D. Stowell has been appointed to its Board of Directors.
Fannie Mae Approves the MPF® Program to Expand Native American Lending on Tribal Trust Lands
WASHINGTON , Nov. 7, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that it has approved the Mortgage Partnership Finance® (MPF ®) Program, administered by the Federal Home Loan Bank of...
Consumers Feeling Better About Housing Market Despite High Home Prices
HPSI Up Significantly from All-Time Low Recorded Two Years Ago WASHINGTON , Nov. 7, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 0.7 points in Octo...
What To Buy On A Trump Win
Donald Trump's 2024 win should boost stocks like GEO Group, CoreCivic, Target Hospitality, Affirm, Federal National Mortgage Association, and Bitcoin pre-market. GEO Group and CoreCivic benefit from T...
Fannie Mae Announces the Results of its Thirty-third Reperforming Loan Sale Transaction
WASHINGTON , Nov. 4, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its thirty-third reperforming loan sale transaction. The deal, announced on October 8, 2024, included ...
Federal National Mortgage Association (FNMA) Q3 2024 Earnings Call Transcript
Fannie Mae Reports Net Income of $4.0 Billion for Third Quarter 2024
WASHINGTON , Oct. 31, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its third quarter 2024 financial results and filed its Third Quarter 2024 Form 10-Q with the Securities and Exchange ...
Federal National Mortgage Association Q3 2024 Earnings Preview
Fannie Mae Releases September 2024 Monthly Summary
WASHINGTON , Oct. 29, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) September 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and y...
Fannie Mae Announces Changes to Appraisal Alternatives Requirements
WASHINGTON , Oct. 28, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced changes to the eligibility requirements for Value Acceptance (previously known as appraisal waivers) and Value Accep...
Fannie Mae Executes Final Credit Insurance Risk Transfer Transaction of 2024 on $7.9 Billion of Single-Family Loans
New Enhancements Introduced to the CIRT Structure WASHINGTON , Oct. 25, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its seventh Credit Insurance Risk Transfer™ (...
Fannie Mae Announces Scheduled Release of Third Quarter 2024 Financial Results
Company to Host Conference Call WASHINGTON , Oct. 24, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its third quarter 2024 financial results on Thursday morning, Octobe...
Fannie Mae Announces Winner of Twenty-Fifth Community Impact Pool of Non-Performing Loans
WASHINGTON , Oct. 24, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-fifth Community Impact Pool (CIP) of non-performing loans. The transaction is expe...
Fannie Mae Upgrades Outlook on US Economy
America's economy is in a better place than previously thought, new Fannie Mae research shows. The mortgage company's Economic and Strategic Research (ESR) Group released these findings Thursday (Oct....
U.S. Economic Footing Firmer Than Previously Thought, Projected to Expand 2.3 Percent in 2024
Home Price Growth Expected to Decelerate in 2025 as Affordability Remains Stretched WASHINGTON , Oct. 17, 2024 /PRNewswire/ -- Following annual revisions to the national accounts and an improvement in...
Fannie Mae CEO says she has never seen a housing market like this before
Fannie Mae CEO Priscilla Almodovar talks to MarketWatch about how the lock-in effect, high mortgage rates and climate risk are affecting home buyers.
Fannie Mae's 'Expanded Housing Choice' Initiative Extends to All Eligible Jurisdictions Nationwide, Includes New Enhancements
Previously Available in North Carolina and Texas, EHC Program Supports Property Owners and Renters in All Markets that Lack Source of Income Protections WASHINGTON , Oct. 15, 2024 /PRNewswire/ -- Fann...
Home Price Growth Slows but Remains Robust
Latest FNM-HPI Reading Showed Year-over-Year Increase of 5.9 Percent in Q3 2024 WASHINGTON , Oct. 15, 2024 /PRNewswire/ -- Single-family home prices increased 5.9 percent from Q3 2023 to Q3 2024, a de...
Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Hurricane Milton
WASHINGTON , Oct. 14, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by natural disasters, including those affected by Hurricane Milton, of available mortga...
Fannie Mae Executes its Sixth Credit Insurance Risk Transfer Transaction of 2024 on $6.4 Billion of Single-Family Loans
WASHINGTON , Oct. 10, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed a new Credit Insurance Risk Transfer™ (CIRT™) transaction. CIRT 2024-H3 transferred $160.9 mill...
Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale
WASHINGTON , Oct. 10, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-fifth non-performing loan sale transaction. The deal, announced on September 10, 2024, inc...
Fannie Mae Announces Sale of Reperforming Loans
WASHINGTON , Oct. 8, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its re...