Fannie Mae
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Fannie Mae's 'Deed for Lease': Solution to Foreclosures?...which has lingered on the outskirts of the housing-crisis debate, got a boost last week when the federal housing agency Fannie Mae said it would start offering leases of up to 12 months when other avenues to keeping families in their homes,... In this article: Fannie Mae, Chase, Unemployment, Center for Economic and Policy Research, Mortgage Bankers Association, and Dean Baker |
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Reuters | 13 hours ago
UPDATE 1-Fannie Mae cuts portfolio, delinquencies jump
Adds details, Freddie Mac portfolio) Fannie Mae <FNM.N>, shrunk its gross mortgage portfolio by an annual rate of about 28 percent in October and delinquencies on loans it guarantees rose sharply in September, the largest U.S. home...
In this article: Freddie Mac, Morgan Stanley, and U.S.
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AP Online | 14 hours ago
Fannie Mae: No investors for 15 days
WASHINGTON (AP) - Fannie Mae says it won't consider offers from investors to buy its foreclosed properties until they have been on the market for 15 days. During that period, Fannie Mae will only consider bids from buyers who intend to...
In this article: Department of Housing and Urban Development and Washington
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Fannie Mae, Freddie Mac bill sale calendar
Nov 24 (Reuters) - The following is a list of scheduled U.S. agency bill sales from Fannie Mae and Freddie Mac for 2009. *Freddie Mac 1-month and 12-month auctions are optional and will be sold at least once a month. **=Bills have been...
In this article: Freddie Mac, U.S., and Reuters
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Freddie Mac, FHLB, Fannie Mae 2009 note calendar
...(Reuters) - The following are scheduled sales announcement dates for potential Freddie Mac <FRE.N> <FRE.P> reference, Fannie Mae <FNM.N> benchmark notes and Federal Home Loan Bank (FHLB) global note offerings in 2009 and 2010. Freddie Mac...
In this article: FHLB, Freddie Mac, and Reuters
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washingtonpost.com | 1 day ago
Fannie Mae names Jonathan Plutzik to board
WASHINGTON -- Fannie Mae said Monday that it named Jonathan Plutzik, a former Credit Suisse executive, to its board directors. The government-backed mortgage financier said Plutzik will serve on its board's compensation and risk policy...
In this article: Credit Suisse Group and Washington
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Fannie Mae to sell $3 bln in bills on Wednesday
Fannie Mae <FNM.N>, the largest U.S. home funding company, said on Monday it plans to sell $2.0 billion of three-month benchmark bills due Feb. 24, 2010, and $1.0 billion of six-month bills due May 26, 2010, on Wednesday in a Dutch...
In this article: U.S.
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Freddie Mac, FHLB, Fannie Mae 2009 note calendar
In this article: Freddie Mac, FHLB, and Reuters
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Description from Wikipedia:
The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE), but founded in 1938 during the Great Depression. The corporation's purpose is to purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers.
On September 7, 2008, James Lockhart, director of the Federal Housing Finance Agency (FHFA), announced that Fannie Mae and Freddie Mac were being placed into conservatorship of the FHFA. The action is "one of the most sweeping government interventions in private financial markets in decades". , Fannie Mae and the Federal Home Loan Mortgage Corporation (Freddie Mac) owned or guaranteed about half of the U.S.'s $12 trillion mortgage market.
- Name:
- Federal National Mortgage Association (Fannie Mae)
- Type:
- Government-sponsored enterprise & Public company
- Location City:
- Washington, D.C.
- Founded:
- 1938
- Stock Symbol:
- FNM
- Key People:
- Mike Williams, CEO
- Revenue:
- US$ $51.7 billion for 2008
- Operating Income:
- US$ −5.1 billion for 2007
- Net Income:
- US$ −2.0 billion for 2007
- Assets:
- US$ 882.5 billion for 2007
- Equity:
- US$ 44.0 billion for 2007
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