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The Federal National Mortgage Association (FNMA), colloquially known as Fannie Mae, is a Congressionally-chartered enterprise that acts as a major player in the mortgage industry. Fannie Mae does ...
Fannie Mae. The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, [2] the corporation's purpose is to expand the secondary mortgage market by ...
September 26, 2024 at 4:22 PM. Getty Images / Spencer Platt. The S&P 500 notched a new record on Thursday amid encouraging labor-market data and China stimulus. Micron was a big gainer, surging as ...
September 25, 2024 at 9:47 AM. Michael M. Santiago/Getty Images. The rally in US stocks took a breather on Wednesday as traders looked ahead to coming economic data. Weekly jobless claims will be ...
CBS News reported on August 6, 2015, that Fannie Mae alone has paid a total of $142.5 billion in dividends since receiving a bailout of $116 billion in 2008. [66] On September 24, 2012, a judge dismissed a class-action lawsuit that contended that Freddie Mac made misleading statements about its exposure to risky loans in the run-up to the ...
2100 Pennsylvania Ave NW Ste 450N, Washington, D.C. , United States of America. Website. www.farmermac.com. The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, publicly traded company that was chartered by the United States federal government in 1988 to serve as a secondary market in agricultural ...
EPS = earnings per share. Annaly Capital Management is still a great defensive option in the event of market crashes, though, for a couple of different but related reasons: (1) This business doesn ...
The mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership. These programs include the Government National Mortgage Association (known as Ginnie Mae), the Federal National Mortgage ...
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