Total : 354 View more »
Under the program, qualifying homeowners facing foreclosure will be able to remain in their homes by signing a lease in connection with the voluntary transfer of the property deed back to the lender.
Quality Control Guidelines Summarized for Fannie Mae, Freddie Mac, and FHA. To help lenders understand agency requirements, Mortgage Compliance Advisors creates summary of Fannie Mae, Freddie Mac, and FHA quality control guidelines.
Fannie Mae Launches New HomePath.com in Spanish Aimed at Helping More Hispanics Buy Homes. Interactive Tools and Information Designed to Guide Potential Homeowners Through Homebuying Process and Prevent Foreclosure.
Citing 22.0 billion of credit-related expenses, Fannie Mae Thursday night announced it lost a net $18.9 billion in the third quarter of 2009. Losses in the second quarter totaled $14.8 billion and $30 billion in the third quarter of 2009.
Total : 243 View more »
Aug 27, 2009 (AsiaPulse via COMTEX) --
MEDIA RELEASE PR35870
(Full text of statement. Contact details below.)
Fannie Mae Releases July 2009 Monthly Summary
WASHINGTON, Aug. 28 /PRNewswire-AsiaNet/ -- Fannie Maes (NYSE: FNM) July 2009 Monthly Summary is now available at www.fanniemae.com/ir/monthly. The monthly summary report contains information about Fannie Maes monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.
SOURCE:: Fannie Mae
CONTACT: Latressa Cox of Fannie Mae,
+1-202-752-6707
(FNM)
rw
Tags: fannie mae federal housing local market media mortgage nyse rates securities washington
Companies: Fannie Mae (FNM)
WASHINGTON, Nov 21, 2009 /PRNewswire-FirstCall via COMTEX/ --
Today, thousands of people from the D.C. metropolitan area came together on the National Mall for the 22(nd) Annual Help the Homeless 5K Walkathon. This year's Help the Homeless Program beneficiaries are 134 nonprofit organizations that work to prevent and end homelessness in the Washington metropolitan area. The program also seeks to build awareness by educating the community, particularly young people, about the issues facing homeless people.
"In this tough economy, we're seeing an increase in homelessness which is putting greater strains on those who provide services to the homeless," said Michael J. Williams, Fannie Mae (NYSE: FNM) President and Chief Executive Officer. "We know that through Help the Homeless, we can all come together as a community to make a difference, raise awareness about homelessness, and directly support efforts to assist those in need."
The Help the Homeless Program began in 1998 when 150 people took part in the first walkathon. Today the program has raised more than $75 million for nonprofit organizations dedicated to serving homeless people in the Washington, D.C. metropolitan area. It has become the nation's largest fundraising effort benefitting the homeless people.
This year, in addition to the thousands of walkers on the National Mall, another 86,000 people took part in the more than 700 mini-walks sponsored by schools, community centers, and places of worship. Additionally, 198 partners have registered and committed more than $1.5 million in sponsorship funds.
For more information about the Help the Homeless Program or local Mini-Walks, visit www.helpthehomelessdc.org.
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.
SOURCE Fannie Mae
http://www.fanniemae.com
Tags: ceo community economy fannie mae federal homeless housing local market money mortgage nonprofit north dakota nyse president
Companies: Fannie Mae (FNM)
WASHINGTON, Nov 20, 2009 (PR Newswire Europe via COMTEX) --
Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Principal Security Interest Maturity Redemption
Amount Type Rate Date CUSIP Date
US$20,000,000 MTN 4.700% May 30, 2013 3136F8XN0 November 30, 2009
US$36,090,000 MTN 5.375% May 30, 2023 3136F3SD9 November 30, 2009
US$150,000,000 MTN 2.000% June 1, 2012 3136FHTP0 December 1, 2009
US$175,000,000 MTN 2.100% June 1, 2012 3136FHTX3 December 1, 2009
US$25,000,000 MTN 3.180% December 1, 2014 3136FHTU9 December 1, 2009
US$200,000,000 MTN 0.748% December 2, 2010 3136F9X40 December 2, 2009
US$100,000,000 MTN 3.000% June 2, 2014 3136FHTY1 December 2, 2009
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and that no reliance may be placed on the completeness or accuracy of the information contained in this press release.
You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.
Derek Lowe of Fannie Mae, +1-202-752-2110
Tags: fannie mae federal housing investment local market mortgage nyse securities security
Companies: Fannie Mae (FNM)
WASHINGTON, Nov 20, 2009 /PRNewswire-FirstCall via COMTEX/ --
Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Principal Security Interest Maturity Redemption
Amount Type Rate Date CUSIP Date
$20,000,000 MTN 4.700% May 30, 2013 3136F8XN0 November 30, 2009
$36,090,000 MTN 5.375% May 30, 2023 3136F3SD9 November 30, 2009
$150,000,000 MTN 2.000% June 1, 2012 3136FHTP0 December 1, 2009
$175,000,000 MTN 2.100% June 1, 2012 3136FHTX3 December 1, 2009
$25,000,000 MTN 3.180% December 1, 2014 3136FHTU9 December 1, 2009
$200,000,000 MTN 0.748% December 2, 2010 3136F9X40 December 2, 2009
$100,000,000 MTN 3.000% June 2, 2014 3136FHTY1 December 2, 2009
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and that no reliance may be placed on the completeness or accuracy of the information contained in this press release.
You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.
SOURCE Fannie Mae
http://www.fanniemae.com
Tags: fannie mae federal housing investment local market mortgage nyse securities security
Companies: Fannie Mae (FNM)
Total : 1,892 View more »
NEW YORK: Bailed out mortgage lender Fannie Mae has reported losses of $19.76 billion for the September quarter, bogged down by staggering credit-related expenses.
President Obama formally announced this morning a new $75 billion dollar plan designed to help families prevent foreclosures and stabilize hard-hit communities.
...audit bill gets backing from key lawmaker 8c077dc4-5ad2-4f73-b9c3-a381c5fece05:8440412:02p Despite gains, Fannie Mae is still down and out 8c077dc4-5ad2-4f73-b9c3-a381c5fece05:8440112:01p Clearwire, Sprint, Motorola decline... Watch Video
http://www.zibb.com/all/hot-topic/fannie-mae-and-freddie-mac
GAO's sixth report on the Troubled Asset Relief Program (TARP) focuses on the Department of the Treasury's (Treasury) efforts to establish its Home Affordable Modification Program (HAMP). This 60-day report examines (1) the design of HAMP's program features with respect to maximizing assistance to
Total : 5,680,000 View more »
Fannie Mae's Web site provides information about foreclosure prevention, news about the company, information for the media and investors, information about career opportunities ...
Further information: Federal takeover of Fannie Mae and Freddie Mac
Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with the mission to work with lenders to help make the American home more affordable while providing ...
Managing your pipeline risk in a fast-paced mortgage market can be difficult and require close attention from key employees taking them away from other value-added tasks.
http://www.icbamortgage.com/education/eventdetail.cfm?EventID=25559
Are you considering doing business with Fannie Mae? For banks trying to decide whether a relationship with Fannie Mae makes sense, or for banks that have not yet become active sellers, this web seminar will help you take the next step.
http://www.icbamortgage.com/education/eventdetail.cfm?EventID=28620