Federal National Mortgage Association

NASDAQ: FNMA
$1.32
-$0.13 (-9.0%)
Closing price April 18, 2024
Fannie Mae and Freddie Mac have been approved to purchase some single-family home loans in forbearance. This may help maintain liquidity in the nation's mortgage market.
What was missing in the Coronavirus Aid, Relief and Economic Security (CARES) Act was some protection for lenders and guarantors like Fannie Mae and Freddie Mac against massive demands for cash.
Fannie Mae is now faced with a double whammy of rising interest rates and an almost-certain collapse of homebuyers. What are the prospects for a public offering of Fannie Mae stock in 2021?
The coronavirus outbreak is having a negative impact on the housing market itself and on Fannie Mae. However, ending its conservatorship may be a bigger problem.
Democratic members of the Senate Banking, Housing and Urban Affairs Committee have sought answers about what plans the Trump administration has for lifting conservatorship of Fannie Mae.
The White House has announced a plan to overhaul Fannie Mae that includes a return to private control after recapitalization via an initial public offering.