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Stock impact report

A Look At Fannie Mae (OTCPK:FNMA) Valuation After Approval Of Crypto Collateral Mortgage Product [Yahoo! Finance]

Federal National Mortgage Association (FNMA) 
Company Research Source: Yahoo! Finance
Federal National Mortgage Association (FNMA) is back in focus after Coinbase and Better launched a Fannie Mae approved mortgage product that uses Bitcoin or USDC as collateral toward home down payments. See our latest analysis for Federal National Mortgage Association. Recent attention on crypto backed mortgages comes as FNMA's share price sits at US$7.35, with a 1 day share price return of 51.23% and a year to date share price return of 33.18% decline, while the 1 year total shareholder return of 16.30% contrasts with a very large 3 year total shareholder return. This hints that momentum has cooled after an earlier surge. If this crypto linked mortgage news has you thinking about where else capital is moving, it could be a good time to scan 23 cryptocurrency and blockchain stocks With FNMA trading at US$7.35 and sitting at a large discount to a US$12.90 analyst price target, yet showing a recent 33.18% year to date share price decline, are you looking at a reset entry point Show less Read more
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