I grew up in Kenya's biggest slum and know from experience: International aid must shift toward community-based organizations [Yahoo! Finance]
Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
Company Research
Source: Yahoo! Finance
I was a street child, constantly scraping by for food and water, and lacking basic services like education or health care. To me, charity was a dirty word. I didn't trust charity workers, who approach aid through single issues—like health promotion or clean water supply—when the reality is the challenges poor people face are complex and intersecting. Their projects never involved the community and left a vacuum in their wake. Acts of charity often had unintended consequences. I will never forget when a charity built a public toilet, only for a neighbor to move in and claim it as his home. Every year, Africa receives billions of dollars of aid. Yet very little of it goes directly to local communities in need. In fact, less than 1% of global aid goes directly to local organizations . As for humanitarian assistance specifically, international organizations receive 400 times more funding than local organizations—$39 billion versus $98 million in 2022. Top-down charity Even as they
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- Federal National Mortgage Association (FNMA) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Fannie Mae Reports Net Income of $4.0 Billion for Third Quarter 2024PR Newswire
- Fannie Mae Releases September 2024 Monthly SummaryPR Newswire
- Fannie Mae Announces Changes to Appraisal Alternatives RequirementsPR Newswire
- Fannie Mae Executes Final Credit Insurance Risk Transfer Transaction of 2024 on $7.9 Billion of Single-Family LoansPR Newswire
FNMA
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- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 8/13/24 - Form ABS-15G/A
- FNMA's page on the SEC website