A mortgage advisor shares how to get the 3.5% down payment on an FHA loan fully covered — and the 3 best strategies real-estate investors can use to maximize leverage from government loans...
Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
Company Research
Source: Business Insider
For real-estate investors, it's one way to start building a portfolio with no money down. When the US government passed the Federal Housing Act in 1934, one of its major goals was to give lower-income Americans the opportunity to own a home. This was achieved by allowing first-time buyers to purchase a home with a smaller down payment — as low as 3.5%. That's a huge reduction from the 20% usually needed for a traditional mortgage. The program is still around, and it's often a great way for real-estate investors to get started. Under FHA rules, buyers who take government loans must live in the property they purchase for at least a year, so househacking — renting out part of your house, like a room or a basement — is one compatible strategy real-estate investors can use under the program. After a year, they can move out of the home and rent it as they would with any other rental property. But with home prices at all-time-highs in many parts of the country, 3.5% can still be a hig
Show less
Read more
Impact Snapshot
Event Time:
FNMA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FNMA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FNMA alerts
High impacting Federal National Mortgage Association news events
Weekly update
A roundup of the hottest topics
FNMA
News
- UWM cuts out title insurer with updated TRAC+ program, rolls out 0% down purchase initiative [Yahoo! Finance]Yahoo! Finance
- Housing boom in most of the US could ease shortage, but cost is still a problem [Yahoo! Finance]Yahoo! Finance
- CrossCountry Mortgage Offers Exclusive and Complimentary Line of Duty Death Benefit to First Responders and Their Families [Yahoo! Finance]Yahoo! Finance
- Fannie Mae Announces the Results of its Thirty-first Reperforming Loan Sale TransactionPR Newswire
- The myth that money supply controls inflation is being revived. Here's how it failed its most ardent believer—Margaret Thatcher [Yahoo! Finance]Yahoo! Finance
FNMA
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FNMA
Sec Filings
- 5/14/24 - Form 3
- 5/14/24 - Form 8-K
- 5/13/24 - Form ABS-15G/A
- FNMA's page on the SEC website