government-sponsored enterprises

Shareholders arguing for the preservation of Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) say the U.S. housing market needs Fannie Mae and Freddie Mac’s services and their roles as government-backed aggregators. However, in a recent story...

Federal National Mortgage Association (OTC: FNMA) reported net income of $2.77 billion in Q1, falling a bit short of Wall Street expectations. However, the government sponsored entity and its cousin Federal Home Loan Mortgage Corp (OTC: FMCC) delivered yet another quarter of profits, fueling...

Federal Mational Mortgage Assctn Fnni Me (OTC: FNMA) on Friday reported that the government-sponsored enterprise (GSE) issued $14.4 billion of multifamily mortgage-backed securities (MBS) in Q4 of 2016. That number brings Fannie Mae's total for the year to $55 billion of total multifamily MBS...

Shares of Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are up more than 30 percent each over the past two days following commentary from President-elect Donald Trump’s Treasury Secretary nominee Steven Mnuchin. Mnuchin said the...

Shares of Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are both up about 50 percent in the past two days following comments from Donald Trump’s recently-appointed Treasury Secretary Steven Mnuchin. On Wednesday, Mnuchin confirmed his...