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Thu, 18 Apr 2024 15:30:00 +0000	Fannie Mae Priced $509.1 Million Multifamily DUS REMIC (FNA 2024-M4) Under Its GeMS Program Fannie Mae (OTCQB: FNMA) priced a $509.1 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on April 9, 2024. FNA 2024-M4 marks the second Fannie Mae GeMS issuance of 2024.
Wed, 17 Apr 2024 13:00:00 +0000	Home Prices Moved Up Another 1.7% to Start the Year Single-family home prices increased 7.4 percent from Q1 2023 to Q1 2024, up from the previous quarter's revised annual growth rate of 6.6 percent, according to Fannie Mae's (OTCQB: FNMA) latest Home Price Index (FNM-HPI) reading, a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos. On a quarterly basis, home prices rose a seasonally adjusted 1.7 percent in Q1 2024, essentially the sa
Tue, 16 Apr 2024 16:12:32 +0000	Fannie Mae’s New Mortgage-Scoring System Aims to Lift MBS Demand (Bloomberg) -- Fannie Mae is selling agency mortgage backed securities designed to appeal to socially minded investors, as the mortgage giant looks to draw more buyers into the market to help fill a void left by the Federal Reserve stopping purchases.Most Read from BloombergUS Yields Spike as Hawkish Powell Puts 5% in Play: Markets WrapDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelBeyond the Ivies: Surprise Winners in the
Tue, 16 Apr 2024 14:00:00 +0000	Fannie Mae Announces Sale of Reperforming Loans 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 retained mortgage portfolio.
Thu, 11 Apr 2024 15:30:00 +0000	Fannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R03, an approximately $628 million note offering that represents Fannie Mae's third CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. Year to date, Fannie Mae has issued approximately $2.2 billion of notes under the CAS program.
Thu, 11 Apr 2024 12:36:53 +0000	Opinion: Fixed-rate mortgages need their rates fixed for longer terms What our banks call 'fixed-rate mortgages' are really variable rate loans with five-year resets. Longer terms would help many consumers
Wed, 10 Apr 2024 15:44:18 +0000	CFPB considers ban on charging buyers for lender’s title policy Homebuyers must purchase a title policy to protect their lender, but the CFPB is reportedly looking to change that.
Tue, 09 Apr 2024 14:08:00 +0000	Consumers Are a Bit Gloomy About Mortgage Rates. What’s Behind the Sour Mood. Consumers in March soured on the prospect of lower mortgage rates, according to one survey. Mortgage rates, one of the main inputs of housing costs, have hovered between roughly 6.6% and 7% since the start of the year, according to weekly Freddie Mac data. As of Monday morning, the 10-year Treasury yield, a benchmark for mortgage rates, was up 0.058 percentage point since last Wednesday’s close, according to Dow Jones Market Data.
Tue, 09 Apr 2024 14:00:00 +0000	Fannie Mae Announces Sale of Non-Performing Loans Fannie Mae (OTCQB: FNMA) today announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio, including the company's twenty-fourth Community Impact Pool (CIP). CIPs are typically smaller pools of loans that are geographically focused and marketed to encourage participation by non-profit organizations, minority- and women-owned businesses (MWOBs), and smaller investors.
Mon, 08 Apr 2024 12:30:00 +0000	Households May Finally Be Adjusting to Higher Mortgage Rates Survey Shows Greater Optimism Toward Homebuying and Home-Selling Conditions, Even as Pessimism Toward Rates Jumps
Thu, 04 Apr 2024 18:30:00 +0000	Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $22.0 Billion of Single-Family Loans Fannie Mae (FNMA/OTC) announced today that it has executed two new Credit Insurance Risk Transfer™ (CIRT™) transactions. Together, CIRT 2024-L2 and CIRT 2024-H1 transferred $709.0 million of mortgage credit risk to private insurers and reinsurers.
Wed, 27 Mar 2024 20:05:00 +0000	Fannie Mae Releases February 2024 Monthly Summary Fannie Mae's (OTCQB: FNMA) February 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.
Tue, 26 Mar 2024 15:00:00 +0000	Fannie Mae Receives 2024 ENERGY STAR Partner of the Year Award for Sustained Excellence Fannie Mae (OTCQB: FNMA) today announced it has received the 2024 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. This is the 10th consecutive year for Fannie Mae's Multifamily business and the fourth consecutive year for the company's Single-Family business for outstanding contributions to increasing adoption of energy-efficiency improvements in housing.
Tue, 26 Mar 2024 14:00:00 +0000	Fannie Mae Announces Winner of Twenty-Third Community Impact Pool of Non-Performing Loans Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-third Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on May 22, 2024, and includes 37 loans totaling $10.4 million in unpaid principal balance (UPB). The loans are geographically focused in the New York/New Jersey area, and the winning bidder was GITSIT Solutions, LLC (Tourmalet). The pool was marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.
Sun, 24 Mar 2024 09:30:00 +0000	NYCB and Meridian Rode the Property Boom Together. Now They’re Struggling. The bank got many of its loans from a broker now blacklisted by Fannie Mae and Freddie Mac.
Thu, 21 Mar 2024 16:05:50 +0000	‘The American Dream is still very much alive,’ Fannie Mae CEO insists—and she has essential advice for first-time homebuyers “Did my parents dream of having a home? Was that home what changed the trajectory of our life? Absolutely,” said Fannie Mae CEO Priscilla Almodovar.
Wed, 20 Mar 2024 20:43:13 +0000	Mortgage rates to stay above 6% through 2025, Fannie Mae says Fannie Mae now says mortgage rates will stay above 6% through 2025, after predicting last month that the average 30-year fixed mortgage would drop below 6% by the end of this year.
Wed, 20 Mar 2024 20:03:24 +0000	Fannie Mae’s CEO says the housing market hasn’t killed the American Dream yet. Buying a home ‘might just take a little longer’ To Americans struggling to buy, Priscilla Almodovar says: “Being a renter is fine.”
Wed, 20 Mar 2024 12:38:36 +0000	Fannie Mae CEO, who’s responsible for 1 in 4 U.S. mortgages, says she learned to be a ‘risk manager’ from Jamie Dimon Priscilla Almodovar oversees $4.3 trillion in mortgage assets.
Wed, 20 Mar 2024 10:00:00 +0000	Why the CEO of Fannie Mae believes a company’s mission and performance can—and should—go hand in hand Priscilla Almodovar is the only Latina CEO on the Fortune 500, but she doesn't think she'll be alone on the list for long.