Federal National Mortgage Association (OTC: FNMA)
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Federal National Mortgage Association Returns vs. S&P
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Federal National Mortgage Association Company Info
A shareholder-owned company, which provides affordable housing capital to local communities in order to serve the U.S. housing market.
News & Analysis
The federally controlled mortgage giants got a boost from improving homebuilder sentiment – albeit off a low base.
There is no obvious reason for the move.
The government just made it easier for the first-time homebuyer to afford a new home.
A recent letter sent by Donald Trump seems to have renewed some hope in Fannie and Freddie shareholders.
After falling more than 30% at one point last week, shares of the government-sponsored entities rebounded.
The mortgage giants bounced following a recent Supreme Court decision, but the stocks still suffered big losses in June.
The litigation lottery ticket doesn't pan out.
The two mortgage giants fell dramatically on some disappointing news for shareholders.
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