Streetbeat News

FNMA

Federal National Mortgage Association

www.fanniemae.com

CEO

Hugh Frater

Employees

8,000

Industry

Real Estate Credit

Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

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Fannie Mae's Economic and Strategic Research Group predicts that the housing market will remain subdued in 2025 due to affordability issues and the 'lock-in effect'. Existing home sales are expected to rise slightly from recent lows. The broader economy is projected to grow at an above-trend pace through 2026 despite inflation and policy uncertainties.

Portfolio Pulse from

December 16, 2024 | 1:45 pm

Fannie Mae's Economic and Strategic Research Group has revised its forecast for existing home sales, now expecting only a 4% rise in 2025 due to recent increases in mortgage rates. This follows a 2024 pace that is near a 30-year low.

Portfolio Pulse from

November 21, 2024 | 1:45 pm

Fannie Mae has released its 2025 Benchmark Securities Issuance Calendar, detailing at least one day per month for Benchmark Notes announcements.

Portfolio Pulse from

November 19, 2024 | 3:45 pm

Fannie Mae has appointed Scott D. Stowell, a former homebuilding industry executive, to its Board of Directors. This move could influence the company's strategic direction and governance.

Portfolio Pulse from

November 07, 2024 | 9:30 pm

The Fannie Mae Home Purchase Sentiment Index (HPSI) rose to 74.6 in October, marking the highest consumer confidence level since February 2022. Despite high home prices, 20% of consumers believe it's a good time to buy a home, while 64% think it's a good time to sell.

Portfolio Pulse from

November 07, 2024 | 1:45 pm

According to Realtor.com, April 14-20 is the optimal time for selling homes, offering a peak week for sellers to maximize ROI, with listings getting 22.8% more views, homes selling 17% faster, and prices being 1.1% higher than the yearly average. The national median listing price could be $7,400 above the average week and $34,000 more than at the start of the year. ATTOM data suggests that May and June also offer high seller premiums. The Federal National Mortgage Association (Fannie Mae) reports improving consumer perceptions of homebuying and selling, with the Home Purchase Sentiment Index up 10.6 points year over year. Rising home prices may boost the value of real estate assets in ETFs like VNQ, SCHH, XLRE, and IYR.

Portfolio Pulse from Anthony Noto

April 15, 2024 | 8:32 pm

Stocks associated with Donald Trump have surged following his victory in the Iowa primaries. Phunware Inc. (PHUN) and Digital World Acquisition Corp. (DWAC) saw increases of over 400% and 180%, respectively. PSQ Holdings Inc. (PSQH), Rumble Inc. (RUM), and mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) also experienced gains between 30% and 45% since the beginning of the year. These companies are linked to Trump through business ventures, investments, or potential policy benefits from a Trump presidency.

Portfolio Pulse from Piero Cingari

January 23, 2024 | 10:52 pm

Keefe, Bruyette & Woods analyst Bose George upgraded Federal National Mortgage (FNMA) from Underperform to Market Perform and increased the price target from $1 to $1.25.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:54 pm

Fannie Mae forecasts a slight GDP decline of 0.3% in 2024 with a recovery in 2025. The housing market is expected to show resilience with slow recovery in home sales and mortgage originations. The Economic & Strategic Research Group at Fannie Mae presented this outlook. ETFs like VNQ, SCHH, XLRE, and IYR offer exposure to the real estate sector. Mortgage rates are predicted to average 6.7% in 2024, with a modest increase in home sales.

Portfolio Pulse from Surbhi Jain

December 27, 2023 | 1:15 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.