Fannie Mae (FNMA) 2.4200 $FNMA
HPSI Increases to 83.8 - Upward Grind Resumes, Bringing the Housing Indicator Back Near Its Peak Level
PR Newswire - Wed Oct 07, 7:30AM CDT
Fannie Mae's Home Purchase Sentiment Index(TM) (HPSI) increased to 83.8 in September as consumer confidence in the home buying and selling market bounced back from a recent dip, suggesting continued gradual improvement in housing activity. The HPSI Good Time to Sell component increased 13 points on net in September due likely to a strong home price environment coupled with a slight improvement in consumers' economic outlook. Additionally, the Good Time to Buy component increased 3 points on net as high rental costs may be encouraging more renters to consider homeownership. Although net home price and mortgage rate expectations dipped in September, consumers' confidence in their employment and financial situations climbed 2 and 3 points, respectively, further suggesting a possible firmer footing for housing.
As Housing Heals, Are Mortgage Stocks A Good Bet?
at Investor's Business Daily - Fri Oct 02, 2:48PM CDT
A weak jobs report Friday at least briefly blurred views of a U.S. economic recovery that had appeared to be staging slow yet steady gains. But interest rates and inflation remain low. That points to better days ahead for real estate, a sector which...
HF: 36.41 (+1.15), BKFS: 32.69 (+0.09), RDN: 16.67 (+0.23), OCN: 8.00 (+0.24), TREE: 95.50 (+4.01), ESNT: 25.67 (+0.52), CLGX: 39.16 (+0.35), NMIH: 7.60 (+0.12)
Fannie Mae Releases August 2015 Monthly Summary
PR Newswire - Wed Sep 30, 4:28PM CDT
Fannie Mae's (OTC: FNMA) August 2015 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, serious delinquency rates, and loan modifications.
Why the 2016 Candidates Are Ignoring Fannie and Freddie: It's Complicated
at The Street - Wed Sep 16, 4:02PM CDT
Fannie Mae and Freddie Mac took a lot of blame for the housing bust, and free-market purists aren't pleased they still exist. But most politicians don't want to discuss them.
Second Half Growth Expected to Outweigh Recent Market Volatility
PR Newswire - Wed Sep 16, 8:00AM CDT
Continued positive consumer spending and other solid domestic fundamentals are expected to offset recent market volatility and support modest improvement in U.S. economic growth in the second half of the year, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. Data released throughout the past month generally showed improving economic activity despite heightened anxiety on Wall Street. Real consumer spending ticked up in July and the August jobs report was solid. Full-time employment surpassed its pre-recession peak, and both average hourly earnings and the average workweek saw an increase, indicating a strong gain in personal incomes that should support continued consumer spending. On balance, growth in the second half of the year is expected to come in higher, albeit modestly, than the first half.
Is Federal National Mortgage an Incredible Value Stock? 3 Reasons Why FNMA Will Be Tough to Beat
Zacks Equity Research - Zacks Investment Research - Thu Sep 10, 7:42AM CDT
If you are a value investor, definitely keep Federal National Mortgage (FNMA) on your short list
Nomura, RBS Settle U.S. Mortgage Bond Case for $839M
Zacks Equity Research - Zacks Investment Research - Tue Sep 08, 10:10AM CDT
In order to resolve the mortgage bond case, Nomura Holdings, Inc. (NMR) and The Royal Bank of Scotland Group plc (RBS), two of the world's biggest banks, have agreed to a settlement.
RBS: 10.19 (+0.14), NMR: 6.15 (+0.13)
Fannie Mae Introduces the Home Purchase Sentiment Index, an Innovative, Predictive Single Measure of Consumer Housing Attitudes
PR Newswire - Tue Sep 08, 7:30AM CDT
Fannie Mae's Economic & Strategic Research Group today launched the Fannie Mae Home Purchase Sentiment Index(TM) (HPSI), which distills results from its consumer-focused National Housing Survey(TM) (NHS) into a single, monthly, predictive indicator. Reflecting more than four years of data, the HPSI is designed to provide distinct signals about the direction of the housing market, helping industry participants to make better informed business decisions.
Fannie Mae Releases July 2015 Monthly Summary
PR Newswire - Mon Aug 31, 3:06PM CDT
Fannie Mae's (OTC Bulletin Board: FNMA) July 2015 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, serious delinquency rates, and loan modifications.
Economic Growth Outlook Less Upbeat for the Second Half of the Year
PR Newswire - Mon Aug 24, 8:00AM CDT
The first print of second quarter economic growth was weaker than expected, and its composition presents a less optimistic outlook for the rest of the year, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. The federal government's upward revision to first quarter growth was essentially offset in the second quarter, due in large part to a drop in nonresidential investment in equipment and structures. These factors, coupled with continued headwinds from a strong dollar and renewed declines in crude oil prices, are expected to continue to pose challenges in the current quarter, although consumer and government spending will likely provide support. Housing also is expected to contribute to 2015's growth, with year-to-date main housing indicators staying well above year-ago levels.
Fannie Mae and Freddie Mac Have Now Paid Taxpayers $239 Billion, but What About Their Investors?
Matthew Frankel, The Motley Fool - Motley Fool - Thu Aug 20, 9:20AM CDT
Source: www.futureatlas.com. Fannie Mae and Freddie Mac both reported second-quarter earnings that grew significantly from the same period last year, helped by rising interest rates, lower delinquencies, and strong performance of...
3 High-Risk Financial Stocks to Avoid
Jay Jenkins, The Motley Fool - Motley Fool - Fri Aug 14, 7:29AM CDT
From a purely business perspective, stock market investing is a risky endeavor. But as investors, we can mitigate much of the risk by analyzing the companies and industries in which we invest and taking a conservative approach. In other words, we can...
LEAF: 46.73 (+1.06)
2 Things You Must Know Before Investing in Fannie Mae or Freddie Mac
Jay Jenkins, The Motley Fool - Motley Fool - Sun Aug 09, 12:15PM CDT
In 2008, the U.S. government intervened in the U.S. housing market in an unprecedented way. The government placed the two government-sponsored mortgage entities -- Fannie Mae and Freddie Mac -- into a conservatorship. Since then, many investors...
Americans' Outlook on the Home Selling Market Cools amid Economic and Financial Concerns
PR Newswire - Fri Aug 07, 8:00AM CDT
Consumer attitudes toward the home selling environment stumbled last month despite positive home price change expectations, according to results from Fannie Mae's July 2015 National Housing Survey(TM) (NHS). Among those surveyed, the share of consumers who believe now is a good time to sell a home fell 7 percentage points to 45 percent, while those who believe it is a good time to buy dropped to 61 percent -- an all-time survey low. The dip comes as more consumers reported a negative outlook regarding personal finances and the direction of the economy. The share of consumers saying the economy is on the wrong track rose by 3 percentage points to 54 percent in July. Additionally, those who expect their personal financial situation to improve over the next year fell to 44 percent, while those reporting a significantly lower income compared to 12 months ago increased to 15 percent -- marking the first change in this indicator in three months.
M&T Bank in Talks to Resolve Mortgage Lending Probe - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 06, 1:45PM CDT
M&T Bank Corporation (MTB) is in discussions with the U.S. authorities to resolve investigation over its mortgage lending operations
C: 51.32 (+0.26), MTB: 119.62 (+2.19)
Fannie Mae Reports Net Income of $4.6 Billion and Comprehensive Income of $4.4 Billion for Second Quarter 2015
PR Newswire - Thu Aug 06, 6:24AM CDT
Fannie Mae (OTC Bulletin Board: FNMA) today reported its second quarter 2015 results and filed its quarterly report on Form 10-Q for the quarter ended June 30, 2015 with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the second quarter of 2015. The following documents are now available on Fannie Mae's web site at www.fanniemae.com.
Stocks Mildly Lower, But LendingTree Grows To The Sky, Up 39%
at Investor's Business Daily - Tue Aug 04, 10:55AM CDT
Stocks traded mildly lower going into the lunch hour Tuesday, but mortgage-related companies were on fire. The Nasdaq fell 0.2%, while the S&P 500 and the Dow Jones industrial average were off 0.1% in the stock market today. Volume was running higher...
ABMD: 84.96 (+1.25), TREE: 95.50 (+4.01), CRTO: 41.95 (+1.33)
Fannie Mae and Freddie Mac Shareholders Just Got Some Good News
Matthew Frankel, The Motley Fool - Motley Fool - Tue Aug 04, 7:08AM CDT
Source: www.futureatlas.com Fannie Mae and Freddie Mac shareholders applauded Judge Margaret Sweeney's recent ruling, which ordered the U.S. Treasury to release all documents it has that are related to the agencies' conservatorship. While...
Economy Building Momentum into Second Half of the Year
PR Newswire - Thu Jul 23, 8:00AM CDT
Incoming data suggest that domestic economic activity was stronger than expected in the second quarter, paving the way for accelerated growth in the second half of the year, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. Bolstered by improved consumer spending and residential and nonresidential investment, and coupled with a waning drag from net exports, economic growth is expected to have picked up to 2.8 percent annualized in the second quarter--0.4 percentage points stronger than in the June forecast. Although volatile economic conditions abroad pose potential headwinds to 2015 growth expectations, the ESR Group has adjusted its full-year 2015 economic growth projection to 2.1 percent, up from 1.9 percent in the prior forecast.
HPSI Increases to 83.8 - Upward Grind Resumes, Bringing the Housing Indicator Back Near Its Peak Level
PR Newswire - Wed Oct 07, 7:30AM CDT
Fannie Mae's Home Purchase Sentiment Index(TM) (HPSI) increased to 83.8 in September as consumer confidence in the home buying and selling market bounced back from a recent dip, suggesting continued gradual improvement in housing activity. The HPSI Good Time to Sell component increased 13 points on net in September due likely to a strong home price environment coupled with a slight improvement in consumers' economic outlook. Additionally, the Good Time to Buy component increased 3 points on net as high rental costs may be encouraging more renters to consider homeownership. Although net home price and mortgage rate expectations dipped in September, consumers' confidence in their employment and financial situations climbed 2 and 3 points, respectively, further suggesting a possible firmer footing for housing.
As Housing Heals, Are Mortgage Stocks A Good Bet?
at Investor's Business Daily - Fri Oct 02, 2:48PM CDT
A weak jobs report Friday at least briefly blurred views of a U.S. economic recovery that had appeared to be staging slow yet steady gains. But interest rates and inflation remain low. That points to better days ahead for real estate, a sector which...
HF: 36.41 (+1.15), BKFS: 32.69 (+0.09), RDN: 16.67 (+0.23), OCN: 8.00 (+0.24), TREE: 95.50 (+4.01), ESNT: 25.67 (+0.52), CLGX: 39.16 (+0.35), NMIH: 7.60 (+0.12)
Fannie Mae Releases August 2015 Monthly Summary
PR Newswire - Wed Sep 30, 4:28PM CDT
Fannie Mae's (OTC: FNMA) August 2015 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, serious delinquency rates, and loan modifications.
Why the 2016 Candidates Are Ignoring Fannie and Freddie: It's Complicated
at The Street - Wed Sep 16, 4:02PM CDT
Fannie Mae and Freddie Mac took a lot of blame for the housing bust, and free-market purists aren't pleased they still exist. But most politicians don't want to discuss them.
Second Half Growth Expected to Outweigh Recent Market Volatility
PR Newswire - Wed Sep 16, 8:00AM CDT
Continued positive consumer spending and other solid domestic fundamentals are expected to offset recent market volatility and support modest improvement in U.S. economic growth in the second half of the year, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. Data released throughout the past month generally showed improving economic activity despite heightened anxiety on Wall Street. Real consumer spending ticked up in July and the August jobs report was solid. Full-time employment surpassed its pre-recession peak, and both average hourly earnings and the average workweek saw an increase, indicating a strong gain in personal incomes that should support continued consumer spending. On balance, growth in the second half of the year is expected to come in higher, albeit modestly, than the first half.
Is Federal National Mortgage an Incredible Value Stock? 3 Reasons Why FNMA Will Be Tough to Beat
Zacks Equity Research - Zacks Investment Research - Thu Sep 10, 7:42AM CDT
If you are a value investor, definitely keep Federal National Mortgage (FNMA) on your short list
Nomura, RBS Settle U.S. Mortgage Bond Case for $839M
Zacks Equity Research - Zacks Investment Research - Tue Sep 08, 10:10AM CDT
In order to resolve the mortgage bond case, Nomura Holdings, Inc. (NMR) and The Royal Bank of Scotland Group plc (RBS), two of the world's biggest banks, have agreed to a settlement.
RBS: 10.19 (+0.14), NMR: 6.15 (+0.13)
Fannie Mae Introduces the Home Purchase Sentiment Index, an Innovative, Predictive Single Measure of Consumer Housing Attitudes
PR Newswire - Tue Sep 08, 7:30AM CDT
Fannie Mae's Economic & Strategic Research Group today launched the Fannie Mae Home Purchase Sentiment Index(TM) (HPSI), which distills results from its consumer-focused National Housing Survey(TM) (NHS) into a single, monthly, predictive indicator. Reflecting more than four years of data, the HPSI is designed to provide distinct signals about the direction of the housing market, helping industry participants to make better informed business decisions.
Fannie Mae Releases July 2015 Monthly Summary
PR Newswire - Mon Aug 31, 3:06PM CDT
Fannie Mae's (OTC Bulletin Board: FNMA) July 2015 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, serious delinquency rates, and loan modifications.
Economic Growth Outlook Less Upbeat for the Second Half of the Year
PR Newswire - Mon Aug 24, 8:00AM CDT
The first print of second quarter economic growth was weaker than expected, and its composition presents a less optimistic outlook for the rest of the year, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. The federal government's upward revision to first quarter growth was essentially offset in the second quarter, due in large part to a drop in nonresidential investment in equipment and structures. These factors, coupled with continued headwinds from a strong dollar and renewed declines in crude oil prices, are expected to continue to pose challenges in the current quarter, although consumer and government spending will likely provide support. Housing also is expected to contribute to 2015's growth, with year-to-date main housing indicators staying well above year-ago levels.
Fannie Mae and Freddie Mac Have Now Paid Taxpayers $239 Billion, but What About Their Investors?
Matthew Frankel, The Motley Fool - Motley Fool - Thu Aug 20, 9:20AM CDT
Source: www.futureatlas.com. Fannie Mae and Freddie Mac both reported second-quarter earnings that grew significantly from the same period last year, helped by rising interest rates, lower delinquencies, and strong performance of...
3 High-Risk Financial Stocks to Avoid
Jay Jenkins, The Motley Fool - Motley Fool - Fri Aug 14, 7:29AM CDT
From a purely business perspective, stock market investing is a risky endeavor. But as investors, we can mitigate much of the risk by analyzing the companies and industries in which we invest and taking a conservative approach. In other words, we can...
LEAF: 46.73 (+1.06)
2 Things You Must Know Before Investing in Fannie Mae or Freddie Mac
Jay Jenkins, The Motley Fool - Motley Fool - Sun Aug 09, 12:15PM CDT
In 2008, the U.S. government intervened in the U.S. housing market in an unprecedented way. The government placed the two government-sponsored mortgage entities -- Fannie Mae and Freddie Mac -- into a conservatorship. Since then, many investors...
Americans' Outlook on the Home Selling Market Cools amid Economic and Financial Concerns
PR Newswire - Fri Aug 07, 8:00AM CDT
Consumer attitudes toward the home selling environment stumbled last month despite positive home price change expectations, according to results from Fannie Mae's July 2015 National Housing Survey(TM) (NHS). Among those surveyed, the share of consumers who believe now is a good time to sell a home fell 7 percentage points to 45 percent, while those who believe it is a good time to buy dropped to 61 percent -- an all-time survey low. The dip comes as more consumers reported a negative outlook regarding personal finances and the direction of the economy. The share of consumers saying the economy is on the wrong track rose by 3 percentage points to 54 percent in July. Additionally, those who expect their personal financial situation to improve over the next year fell to 44 percent, while those reporting a significantly lower income compared to 12 months ago increased to 15 percent -- marking the first change in this indicator in three months.
M&T Bank in Talks to Resolve Mortgage Lending Probe - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 06, 1:45PM CDT
M&T Bank Corporation (MTB) is in discussions with the U.S. authorities to resolve investigation over its mortgage lending operations
C: 51.32 (+0.26), MTB: 119.62 (+2.19)
Fannie Mae Reports Net Income of $4.6 Billion and Comprehensive Income of $4.4 Billion for Second Quarter 2015
PR Newswire - Thu Aug 06, 6:24AM CDT
Fannie Mae (OTC Bulletin Board: FNMA) today reported its second quarter 2015 results and filed its quarterly report on Form 10-Q for the quarter ended June 30, 2015 with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the second quarter of 2015. The following documents are now available on Fannie Mae's web site at www.fanniemae.com.
Stocks Mildly Lower, But LendingTree Grows To The Sky, Up 39%
at Investor's Business Daily - Tue Aug 04, 10:55AM CDT
Stocks traded mildly lower going into the lunch hour Tuesday, but mortgage-related companies were on fire. The Nasdaq fell 0.2%, while the S&P 500 and the Dow Jones industrial average were off 0.1% in the stock market today. Volume was running higher...
ABMD: 84.96 (+1.25), TREE: 95.50 (+4.01), CRTO: 41.95 (+1.33)
Fannie Mae and Freddie Mac Shareholders Just Got Some Good News
Matthew Frankel, The Motley Fool - Motley Fool - Tue Aug 04, 7:08AM CDT
Source: www.futureatlas.com Fannie Mae and Freddie Mac shareholders applauded Judge Margaret Sweeney's recent ruling, which ordered the U.S. Treasury to release all documents it has that are related to the agencies' conservatorship. While...
Economy Building Momentum into Second Half of the Year
PR Newswire - Thu Jul 23, 8:00AM CDT
Incoming data suggest that domestic economic activity was stronger than expected in the second quarter, paving the way for accelerated growth in the second half of the year, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. Bolstered by improved consumer spending and residential and nonresidential investment, and coupled with a waning drag from net exports, economic growth is expected to have picked up to 2.8 percent annualized in the second quarter--0.4 percentage points stronger than in the June forecast. Although volatile economic conditions abroad pose potential headwinds to 2015 growth expectations, the ESR Group has adjusted its full-year 2015 economic growth projection to 2.1 percent, up from 1.9 percent in the prior forecast.
