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Stock impact report

Fannie Mae book of business in February falls for first time in three months [Seeking Alpha]

Federal National Mortgage Association (FNMA) 
Company Research Source: Seeking Alpha
Note that the portfolio stalled in the two months preceding the latest mark. The mortgage titan's conventional single-family serious delinquency rate slipped to 0.53% from 0.52% in January. Likewise, its multifamily serious delinquency rate of 0.44% inched down one basis point from the prior month. As of Feb. 29, 2024, Fannie Mae's ( OTCQB:FNMA ) maximum exposure to Freddie Mac ( OTCQB:FMCC ) collateral that was included in outstanding Fannie Mae resecuritizations stood at $213.4B, compared with $124.4B at Jan. 31, 2024. On Monday, Freddie Mac ( OTCQB:FMCC ) said its mortgage portfolio grew at an annualized rate of 0.5% in February to $3.487T. Recommended For You More Trending News Recommended For You More Trending News About FNMA Stock Related Stocks Trending Analysis Trending News Show less Read more
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