Federal National Mortgage Association
News and overview for Federal National Mortgage Association
PHH Corporation Announces Third Quarter 2009 Results [Press Release]
Business Wire | 19 days 1 hour 37 minutes ago
PHH Corporation (NYSE: PHH) today announced results for the three and nine months ended September 30, 2009.
C&F Financial Corporation Announces Third Quarter Earnings [Press Release]
PRNewswire | 24 days 16 hours 30 minutes ago
...related to the corporation's investments in perpetual preferred stock of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac)). Net income available to common shareholders for...
Radian Reports Third Quarter Financial Results [Press Release]
PRNewswire | 19 days 20 hours 37 minutes ago
PHILADELPHIA, Nov. 4 /PRNewswire-FirstCall/ -- Radian Group Inc.
Senior Housing Properties Trust Announces Results for the Periods Ended September 30, 2009 [Press Release]
Business Wire | 21 days 2 hours 7 minutes ago
Senior Housing Properties Trust (NYSE: SNH) today announced its financial results for the quarter and nine months ended September 30, 2009, as follows:
Bimini Capital Management to Broadcast Third Quarter Earnings Conference Call on the Internet [Press Release]
Business Wire | 18 days 2 hours 37 minutes ago
Bimini Capital Management, Inc. (OTCBB:BMNM) (“Bimini Capital” or the “Company”), a real estate investment trust (REIT), today announced that it will provide an online Web simulcast of its third quarter 2009 earnings conference call on Tuesday, November 10, 2009. The Company will release financial results for the third quarter ended September 30, 2009, prior to the call.
Eaton Vance Launches Build America Bond Fund [Press Release]
PRNewswire | 6 days 16 hours 31 minutes ago
...each year. While certain U.S. Government-sponsored agencies (such as the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association) may be chartered or sponsored by acts of Congress, their securities are neither...
Mid-America Reports Third Quarter Results [Press Release]
PRNewswire | 18 days 10 hours 37 minutes ago
MEMPHIS, Tenn., Nov. 4 /PRNewswire-FirstCall/ -- Mid-America Apartment Communities, Inc.
Security Bancorp, Inc. Announces Third Quarter Earnings [Press Release]
Business Wire | 28 days 18 hours 32 minutes ago
Security Bancorp, Inc. (“Company”) (OTCBB:SCYT) today announced consolidated earnings for the third quarter of its fiscal year ended December 31, 2009. The Company is the holding company for Security Federal Savings Bank of McMinnville, Tennessee (“Bank”).
Bimini Capital Management Declares Two Dividends and Announces Third Quarter 2009 Results [Press Release]
Business Wire | 14 days 21 hours 4 minutes ago
Bimini Capital Management, Inc. (OTCBB: BMNM):
Global DiSCS Trust 2004-1 (TSX: DST.UN) Announces CIT Group Inc. Credit Event [Press Release]
MarketWire | 12 days 12 hours 25 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/11/09 -- On November 10, 2009, the Calculation Agent for Global DiSCS Trust 2004-1 (the "Trust") notified the Trust of a Credit Event in respect of CIT Group Inc. (the "Company"). The Trust's unitholders have an exposure to the Company of 0.50% of the Reference Portfolio. The Calculation Agent will carry out the valuation process in accordance with the terms of the Trust's Declaration of Trust and this process should be completed on or about February 10...
Columbia Banking System Announces Third Quarter 2009 Results and Declares Cash Dividend [Press Release]
PRNewswire | 25 days 20 hours 22 minutes ago
TACOMA, Wash., Oct. 29 /PRNewswire-FirstCall/ -- Columbia Banking System, Inc.
Glacier Bancorp, Inc. Announces Results for Quarter Ended September 30, 2009 [Press Release]
PRNewswire | 39 days 11 hours 1 minute ago
KALISPELL, Mont., Oct. 15 /PRNewswire-FirstCall/ --
Home Bancorp Reports 2009 Third Quarter Earnings and Approval of Stock Repurchase Program [Press Release]
PRNewswire | 26 days 12 hours 37 minutes ago
...Total non-agency mortgage-backed securities 24 $44,493 $(4...by Moody's. The Company holds no Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie...
AllianceBernstein Income Fund Releases Monthly Portfolio Update [Press Release]
PRNewswire | 31 days 13 hours 31 minutes ago
...2/15/27 3.14% 10)Federal National Mortgage Association 5.375%, 2.15% 6/12...Treasuries: Treasuries 52.48% Mortgage Pass-Thru's: Agency Fixed...SUBTOTAL 10.86% Commercial Mortgage-Backed Securities: Non...
EMC Insurance Group Inc. Reports 2009 Third Quarter Results [Press Release]
Business Wire | 32 days 4 hours 37 minutes ago
EMC Insurance Group Inc. (Nasdaq:EMCI) today reported operating income of $3,152,000 ($0.24 per share) for the third quarter ended September 30, 2009, compared to an operating loss of $295,000 ($0.02 per share) for the third quarter of 20081. For the nine-month period ended September 30, 2009, operating income was $20,920,000 ($1.58 per share) compared to $8,635,000 ($0.63 per share) for the same period in 2008.
Company Overview
| Company: | Federal National Mortgage Association |
|---|---|
| Industry: | Mortgage Banking & Related Services |
| Website: | http://www.fanniemae.com |
The Federal National Mortgage Association, or Fannie Mae, has helped more than 50 million low- to middle-income families realize the American Dream. Like its brother Freddie Mac, the government-supported enterprise (GSE) provides liquidity in the mortgage market by buying mortgages from lenders and packaging them for resale, transferring risk from lenders and allowing them to offer mortgages to those who may not otherwise qualify. The company owns or guarantees about $3.1 trillion in home loans, or more than a quarter of all outstanding mortgages in the US. Due to losses caused largely by the subprime mortgage crisis, the federal government seized both Fannie and Freddie in September 2008.
Key Numbers
| Sales in U.S. Dollars (mil.) | -11,689 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | -58,298 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 5,700 (2007) |
| One-year % Growth in Number of Employees | -13.6 (2007) |
| Fiscal Year-End | December |
