Federal National Mortgage Association

FNMA

US3135861090

Banks

Market Closed - OTC Markets Other stock markets 03:59:49 2024-05-10 pm EDT			5-day change	1st Jan Change
1.476 ^USD	+6.96%		-0.94%	+37.94%

May. 08	Fannie Mae Expands Income Calculator Tool with Free, Web-Based Option for Loan Originators	CI
Apr. 30	Transcript : Federal National Mortgage Association, Q1 2024 Earnings Call, Apr 30, 2024

Federal National Mortgage Association : Fannie Mae And Freddie Mac Extend Origination Flexibilities Due To Covid-19

October 30, 2020 at 10:11 am EDT

On October 19, 2020, Fannie Mae in updates to Lender Letter 2020-03 and Lender Letter 2020-04, as well as Freddie Mac in Bulletin 2020-40, extended certain loan origination flexibilities due to COVID-19 from October 31, 2020, to November 30, 2020.

The flexibilities relate to alternative appraisals on purchase and rate and term refinance loans, alternative methods for documenting income and verifying employment before closing, and the expanded use of powers of attorney to assist with loan closings.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mortgage Banking Group
Ballard Spahr LLP
1225 17th Street, Suite 2300
Denver
CO 80202-5596
UNITED STATES

Latest news about Federal National Mortgage Association

Fannie Mae Expands Income Calculator Tool with Free, Web-Based Option for Loan Originators	May. 08	CI
Transcript : 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
An unknown buyer win the bid to acquire Non-Performing Loans of Federal National Mortgage Association.	Mar. 11	CI
US Treasury to ease rules on COVID aid to boost affordable housing supply	Mar. 05	RE
Federal National Mortgage Association Appoints Peter Akwaboah as Executive Vice President and Chief Operating Officer, Effective May 20, 2024	Feb. 22	CI
Transcript : Federal National Mortgage Association, Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
Federal National Mortgage Association Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 15	CI
Federal National Mortgage Association Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Keefe, Bruyette & Woods Upgrades Federal National Mortgage to Market Perform From Underperform, Raises Price Target to $1.25 From $1	Jan. 18	MT
Fannie Mae Announces Leadership Changes	Nov. 14	CI
Rcaf Loan Acquisition, Lp was the winning bidder to acquire 1,473 Loans Totaling $208.8 Million in Unpaid Principal Balance of Fannie Mae.	Nov. 06	CI
Transcript : Federal National Mortgage Association, Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Federal National Mortgage Association Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-31	CI
Federal National Mortgage Association Announces Results of Tender Offer for Any and All of Certain Cas Notes	23-10-17	CI
Fannie Mae Announces Tender Offer for Any and All of Certain Cas Notes	23-10-10	CI
Pacific Investment Management Company LLC was the winning bidder to acquire 2,016 Loans Totaling $412.3 Million in Unpaid Principal Balance from Federal National Mortgage Association.	23-09-13	CI
Fitch downgrades Fannie Mae, Freddie Mac after US rating cut	23-08-02	RE
Transcript : Federal National Mortgage Association, Q2 2023 Earnings Call, Aug 01, 2023	23-08-01

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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.

Sector

Banks

Calendar

2024-07-31 - Q2 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.476 USD

Average target price

2 USD

Spread / Average Target

+35.50%

Consensus

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