NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $90 million Fannie Mae Delegated Underwriting & Servicing (DUS®) Affordable Housing (MAH) loan to refinance a 317-unit multifamily property in Yonkers, New York. The financing was originated by Eric Rosenstock, Senior Managing Director in Greystone's New York office.
Mortgage Rates Predicted to End 2025 at 6.6 Percent but Remain Volatile WASHINGTON , Feb. 20, 2025 /PRNewswire/ -- Incoming gross domestic product (GDP), labor market, and inflation data point to an economy that entered 2025 with strong momentum, according to the February 2025 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. While the ESR Group's GDP outlook is unchanged at 2.2 percent Q4/Q4 in 2025, it revised upward its expectations for the Consumer Price Index, which is now forecast to end 2025 at 2.8 percent on a year-over-year basis (2.5 percent previously), primarily due to recently higher-than-expected inflation readings.
Fannie Mae (FNMA) presents a significant opportunity, especially if privatized, with potential stock value reaching $31-$34 per share, supported by Bill Ackman's analysis. Key considerations include maintaining low mortgage rates and addressing the senior preferred debt on Fannie Mae's balance sheet, with cautious optimism on both fronts. Housing Urban Secretary Scott Turner's recent push for privatization and Treasury Secretary Scott Bessent's focus on mortgage rates are pivotal developments since investors focused on the companies last month.
WASHINGTON , Feb. 14, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its fourth quarter and full-year 2024 financial results and filed its 2024 Form 10-K with the Securities and Exchange Commission. The filing provides consolidated financial statements for the year ended December 31, 2024.
Company to Host Conference Call WASHINGTON , Feb. 11, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its fourth quarter and full-year 2024 financial results on Friday morning, February 14, 2025, before the opening of U.S. financial markets. Fannie Mae has scheduled a conference call to discuss the company's results at 8:00 a.m.
NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $20,777,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance a 206-unit multifamily property in Allentown, Pennsylvania. The financing was originated by Avi Lifshitz and Aviel Hematian of Greystone on behalf of Pankaj Sharma of S&S Properties.
Sharply Higher Share of Survey Respondents Expects Rent Prices to Rise WASHINGTON , Feb. 7, 2025 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 0.3 points in January to 73.4, bouncing back slightly after falling last month for the first time since July. Improvements in consumer optimism toward both homebuying and home-selling conditions, along with even greater expectations that home prices will rise over the next 12 months, drove the increase.
Bill Ackman built a net worth of $9.3 billion by spotting promising opportunities. The hedge fund manager doesn't usually reveal the opportunities he likes to the public.
WASHINGTON , Jan. 30, 2025 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) December 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.
Company Provided Continued Stable Support for Affordable Rental Housing and Other Essential Multifamily Market Sectors WASHINGTON , Jan. 22, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) provided more than $55 billion in financing to support the U.S. multifamily market in 2024, the company announced today. Through its network of Delegated Underwriting and Servicing (DUS®) lender partners, Fannie Mae continued to serve the needs of multifamily borrowers while expanding its suite of creative products and initiatives and strengthening its underwriting.
National Home Price Growth Projected to Decelerate, With Regional Variations Expected WASHINGTON , Jan. 22, 2025 /PRNewswire/ -- The recent jump in the 10-year Treasury yield and the resulting rise in mortgage rates are expected to continue to weigh on existing home sales in the near future, likely keeping them at or near their lowest level since 1995, according to the January 2025 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group's latest forecast sees mortgage rates closing 2025 and 2026 at 6.5% and 6.3%, respectively, up from the previous forecast of 6.2% and 6.0%.
Fannie Mae and Freddie Mac are both expected to be recapitalized during the Trump administration. FMCC shows higher growth and potential gains, but faces larger capital requirements and IPO delays, posing higher risks. Preferred stock conversion to common shares is advantageous for FNMA due to its earlier timeline, though several FMCC preferreds are cheaper.