Federal National Mortgage Association

FNMA

US3135861090

Banks

Market Closed - OTC Markets Other stock markets 03:59:59 2024-12-02 pm EST			5-day change	1st Jan Change
2.570 ^USD	-17.89%		-27.81%	+140.19%

Nov. 07	Fannie Mae Appoints Scott D. Stowell to Its Board of Directors	CI
Nov. 07	Federal National Mortgage Association Appoints Scott D. Stowell to Serve on the Community Responsibility and Sustainability Committee and the Nominating and Corporate Governance Committee of the Board of Directors, Effective December 1, 2024	CI

Pacific Investment Management Company LLC and J.P. Morgan Mortgage Acquisition Corp. signed a letter of intent to acquire 8,678 Loans Totaling $1,424.118043 Million from Federal National Mortgage Association.

November 03, 2024

Pacific Investment Management Company LLC and J.P. Morgan Mortgage Acquisition Corp. signed a letter of intent to acquire 8,678 Loans Totaling $1,424.118043 Million from Federal National Mortgage Association (OTCPK:FNMA) on November 4, 2024. The loan pool awarded in this transaction includes Pool 1: 2,924 loans with an aggregate UPB of $510,578,698; Pool 2: 3,311 loans with an aggregate UPB of $524,573,434; average loan size of $158,434; Pool 3: 2,443 loans with an aggregate UPB of $388,965,911; average loan size of $159,217.

The winning bidder for Pool 1 and Pool 2 was Pacific Investment Management Company LLC, and for Pool 3 was JP Morgan Mortgage Acquisitions Corp. The transaction is expected to close by December 20, 2024. The pools were marketed with Citigroup Global Markets Inc. acting as Financial advisor.

Latest news about Federal National Mortgage Association

Fannie Mae Appoints Scott D. Stowell to Its Board of Directors	Nov. 07	CI
Federal National Mortgage Association Appoints Scott D. Stowell to Serve on the Community Responsibility and Sustainability Committee and the Nominating and Corporate Governance Committee of the Board of Directors, Effective December 1, 2024	Nov. 07	CI
Pacific Investment Management Company LLC and J.P. Morgan Mortgage Acquisition Corp. signed a letter of intent to acquire 8,678 Loans Totaling $1,424.118043 Million from Federal National Mortgage Association.	Nov. 03	CI
Federal National Mortgage Association, Q3 2024 Earnings Call, Oct 31, 2024	Oct. 31
Federal National Mortgage Association Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Oct. 31	CI
An undisclosed buyer proposed to acquire Twenty-fifth Community Impact Pool of Federal National Mortgage Association.	Oct. 23	CI
Trump allies are working on plans to privatize Fannie and Freddie, WSJ reports	Sep. 13	RE
Goldman Sachs Mortgage Company, L.P. and Rcaf Loan Acquisition, LP agreed to acquire Portfolio of 3,092 loans of Federal National Mortgage Association.	Sep. 11	CI
Fannie Mae, Freddie Mac set to tighten real-estate lending rules, WSJ reports	Aug. 05	RE
Fannie Mae, Freddie Mac set to tighten real-estate lending rules, WSJ reports	Aug. 05	RE
Federal National Mortgage Association, Q2 2024 Earnings Call, Jul 30, 2024	Jul. 30
Federal National Mortgage Association Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	Jul. 30	CI
Federal National Mortgage Association Announces Resignation of Robert H. Herz from the Board of Directors, Effective June 30, 2024	Jun. 13	CI
Halcyon's Income Verification Integration with Fannie Mae Will Streamline Lending Processes	May. 21	CI
Pacific Investment Management Company LLC was the winning bidder to acquire 6,484 Loans Totaling $1.47 Billion in Unpaid Principal Balance from Federal National Mortgage Association.	May. 15	CI
Fannie Mae Appoints Diane N. Lye to Its Board of Directors	May. 14	CI
Fannie Mae Expands Income Calculator Tool with Free, Web-Based Option for Loan Originators	May. 08	CI
Federal National Mortgage Association, Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
Federal National Mortgage Association Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes	Apr. 29	CI
Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes	Apr. 22	CI
US existing home sales drop in March; median price increases	Apr. 18	RE
VRMTG ACQ, LLC completed the acquisition of Non-Performing Loans of Federal National Mortgage Association.	Apr. 08	CI
GITSIT Solutions, LLC won the bid for Twenty-third Community Impact Pool of non-performing loans. from Federal National Mortgage Association .	Mar. 25	CI
VRMTG ACQ, LLC won the bid to acquire Non-Performing Loans of Federal National Mortgage Association.	Mar. 11	CI

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Company Profile

Federal National Mortgage Association is engaged in providing a source of financing for residential mortgages in the United States. The Company is a government-sponsored, stockholder-owned corporation, chartered by Congress to provide liquidity and stability to the United States housing market. Its segments include Single-Family and Multifamily. The Single-Family business operates in the secondary mortgage market relating to loans secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating to loans secured by properties containing five or more residential units. It engages in three categories of mortgage securitization transactions: lender swap transactions, portfolio securitization transactions, and structured securitization transactions. It funds its business through the issuance of short-term and long-term debt securities in the domestic and international capital markets.

Employees

8,100

Sector

Banks

Calendar

2025-02-12 - Q4 2024 Earnings Release (Projected)

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