Federal National Mortgage Association (FNMA)

2.96
0.05 1.66
OTC
Prev Close 3.01
Open 3.01
Day Low/High 2.92 / 3.01
52 Wk Low/High 0.98 / 3.27
Volume 1.96M
Exchange OTC
Shares Outstanding 1158.09B
Market Cap 3.49B
Div & Yield N.A. (N.A)
July 31 Premarket Briefing: 10 Things You Should Know

July 31 Premarket Briefing: 10 Things You Should Know

U.S. stock futures were gloomy Thursday, as Argentina's bonds crashed into a default and another massive earnings day got underway.

Blonde Go-Getter Fined $1 Million in Bank of America Fraud Case

Blonde Go-Getter Fined $1 Million in Bank of America Fraud Case

Rebecca Mairone, a mid-level Countrywide executive in a hurry in 2007 and 2008, will pay the government $1 million and face a public shaming that may be difficult to overcome.

Fannie and Freddie Investor Blackstone Also Sought Advisory Role

Fannie and Freddie Investor Blackstone Also Sought Advisory Role

The Blackstone Group and Skadden tried to advise the U.S. Treasury Department on its stake in mortgage giants Fannie and Freddie in 2011, according to court documents.

Fairholme Win 'Very positive' For Fannie Shareholders: Bove

Fairholme Win 'Very positive' For Fannie Shareholders: Bove

The decision paves the way for a court case on the 'takings' plea by Fairholme Capital against FHFALast week, Federal Judge Margaret Sweeney cleared the way for a court case that will determine wh...

How Will Goldman Sachs (GS) Stock Be Affected By A FHFA Mortgage Settlement?

How Will Goldman Sachs (GS) Stock Be Affected By A FHFA Mortgage Settlement?

Goldman Sachs (GS) is in talks to settle a Federal Housing Finance Agency claim the bank sold faulty mortgage-backed securities to Fannie Mae (FNMA) and Freddie Mac (FMCC).

Housing Data and Builders' Earnings Stink so There's No Real Recovery Yet

Housing Data and Builders' Earnings Stink so There's No Real Recovery Yet

The crucial home building sector remains mired in torpor. But jobs data gets better and better. The reason is credit.

Homebuilder Confidence Bounces Back; Here's Why Real Estate Stocks Will Too

Homebuilder Confidence Bounces Back; Here's Why Real Estate Stocks Will Too

Home building stocks have lagged the improving economic data this year. But as it becomes more clear that the recovery is real, they'll heat up.

Why Genworth Financial (GNW) Stock Sank Today

Why Genworth Financial (GNW) Stock Sank Today

Genworth Financial (GNW) stock closed down following the Federal Housing Finance Agency proposed new regulations that would require higher capital standards for mortgage insurers.

Why Radian Group (RDN) Stock Is Falling This Morning

Why Radian Group (RDN) Stock Is Falling This Morning

Radian Group (RDN) stock is declining after the Federal Housing Finance Agency proposed new regulations that would require higher capital standards for mortgage insurers.

Why MGIC Investment (MTG) Stock Is Plunging This Morning

Why MGIC Investment (MTG) Stock Is Plunging This Morning

MGIC Investment (MTG) stock is down following the Federal Housing Finance Agency's newly proposed standards for the industry, plus Goldman Sachs removed it from its 'conviction buy' list.

A GOP Vision of Health Reform From a Bush (but Not <I>That</I> Bush)

A GOP Vision of Health Reform From a Bush (but Not That Bush)

The former president's cousin says freer markets can cut health care costs and create great companies. The core of the Bush prescription is radically more competition in health care.

Could Fannie and Freddie Be High-Growth Investments Again?

Could Fannie and Freddie Be High-Growth Investments Again?

If Carl Icahn is involved, the answer is likely yes.

ADP Jobs Number Is Boffo -- Here's What It Means for the Economy

ADP Jobs Number Is Boffo -- Here's What It Means for the Economy

Construction is cooking -- and so is the private economy. Even manufacturing is helping. Government employment may be the last barrier to sub-6% unemployment.

Why Fannie Mae (FNMA) Stock, Freddie Mac (FMCC) Stock Are Higher Today

Why Fannie Mae (FNMA) Stock, Freddie Mac (FMCC) Stock Are Higher Today

The regulator of Fannie Mae (FNMA) and Freddie Mac (FMCC) will consider suing insurers who charged excessive fees for hazard coverage paid by the two government-owned mortgage companies.

Fannie Mae, Freddie Mac 'Face' Sit-In Over Eviction

Fannie Mae, Freddie Mac 'Face' Sit-In Over Eviction

Community leaders & neighbors will stand with Jeff Solivan to stop Fannie Mae from evicting him and making another home vacant on the street.First it was 10,000 emails to Mel Watt, now the battle over...

Mailing Errors Cause Problems for $347M Pool of Home Loans

Mailing Errors Cause Problems for $347M Pool of Home Loans

Fitch Ratings has found that the biggest surge in delinquencies for any pool of U.S. mortgages since the financial crisis, a 3.37% delinquency rate on the Sequoia 2014-1 RMBS, was a result of widespread mailing errors and not homeowners falling behind on their payments.

U.S. 'Bureaucrats' Want to Know Whether to Let You Buy a Home

U.S. 'Bureaucrats' Want to Know Whether to Let You Buy a Home

The Federal Housing Finance Agency, overseer of Fannie Mae and Freddie Mac, has asked the public for input regarding the fees those government sponsored entities charge to lenders.

Bank of America's Latest Legal Tab Would Be Cheap at $12B

Bank of America's Latest Legal Tab Would Be Cheap at $12B

Bank of America's last big mortgage dispute with regulators now has a number on it: $12 billion.

'Fast Money' Recap: Driving With the Automakers

'Fast Money' Recap: Driving With the Automakers

The trading panel discussed U.S. auto sales, Fannie Mae and whether MySpace is still relevant.

Why Fannie Mae (FNMA), Freddie Mac (FMCC) Stock Are Higher Today

Why Fannie Mae (FNMA), Freddie Mac (FMCC) Stock Are Higher Today

Carl Icahn bought 6.8 million shares of Fannie and 5.7 million shares of Freddie from Bruce Berkowitz's Fairholme Capital Management LLC, according to court documents.

Icahn Takes on Obama in Fight Over Fannie Mae

Icahn Takes on Obama in Fight Over Fannie Mae

Carl Icahn is the latest big name investor to wager on shares of Fannie Mae, according to court documents made available Monday.

Wells Fargo Looks to Benefit From Fannie Freddie and the Fed

Wells Fargo Looks to Benefit From Fannie Freddie and the Fed

Wells Fargo is 'best positioned of any bank' to benefit from sooner-than-expected tightening of monetary policy by the Federal Reserve and 'a renewed desire by the government to aid housing,' argues Rafferty Capital Markets analyst Dick Bove in a report published Thursday.

Billions More in Mortgage Penalties Coming: Federal Regulator

Billions More in Mortgage Penalties Coming: Federal Regulator

A working group of federal and state authorities responsible for extracting a $13 billion settlement from JPMorgan Chase late last year over abuses tied to mortgage bonds still has 'more than a dozen ongoing investigations,' which will lead to billions of dollars in additional costs to financial companies, according to Michael P. Stephens, Acting Inspector General of the FHFA.

Fannie, Freddie Bull Ackman Steers Clear of D.C. Fight

Fannie, Freddie Bull Ackman Steers Clear of D.C. Fight

Bill Ackman has convinced politicians to aid him in his short bet against Herbalife, but he won't lobby Washington on Fannie and Freddie.

Fannie and Freddie 'Must Be Wound Down': Treasury Official

Fannie and Freddie 'Must Be Wound Down': Treasury Official

Fannie Mae and Freddie Mac 'must be wound down,' according to a Treasury official who cited widespread agreement for such an outcome even though most observers believe proposed legislation to accomplish that goal will die in the Senate.

Why Freddie (FMCC), Fannie (FNMA) Stock Continue to Gain

Why Freddie (FMCC), Fannie (FNMA) Stock Continue to Gain

Shares of Freddie Mac (FMCC) and Fannie Mae (FNMA) are higher today as " the Obama administration and federal regulators reverse course on some of the biggest post-crisis efforts to tighten mortgage-lending standards amid concern they could snuff out the fledgling housing rebound and dent the economic recovery."

Why Freddie (FMCC), Fannie (FNMA) Stock Closed Higher Today

Why Freddie (FMCC), Fannie (FNMA) Stock Closed Higher Today

Shares of Freddie Mac (FMCC) and Fannie Mae (FNMA) were up today following a speech by Mel Watt, director of the Federal Housing Finance Agency that oversees Fannie and Freddie, in which he said the firms will shift their focus toward making more credit available to homeowners.

Fannie and Freddie to Shrink No More: FHFA's Watt

Fannie and Freddie to Shrink No More: FHFA's Watt

Fannie Mae and Freddie Mac common and preferred shares were higher Tuesday following a speech by Federal Housing Finance Authority Director Mel Watt.

Why Freddie (FMCC), Fannie (FNMA) Stock Are Soaring Today

Why Freddie (FMCC), Fannie (FNMA) Stock Are Soaring Today

Shares of Freddie Mac (FMCC) and Fannie Mae (FNMA) are higher after Mel Watt, director of the Federal Housing Finance Agency, offered clear signs of a shift in direction at the agency, which controls both, saying they will shift their focus toward making more credit available to homeowners instead of their existing policy of pulling back from the mortgage market.

Fannie and Freddie Policy Shift May Ease Mortgage Credit

Fannie and Freddie Policy Shift May Ease Mortgage Credit

Fannie Mae and Freddie Mac are easing up on the standards that must be met for banks to avoid future legal claims, a move aimed at making it easier for people to get a mortgage.