Fannie Mae's (OTCQB: FNMA) April 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.
Fannie Mae’s Economic and Strategic Research Group has adjusted its outlook for the U.S. housing market for the remainder of 2024, suggesting a modest deceleration in activity due to persistently high mortgage rates.Despite the forecasted slowdown, the group anticipates a slight uptick in housing starts, mortgage originations, and sales, depending on potential shifts in the Federal Reserve's monetary policy that could ease rates later in the year.The organization anticipates a slowdown in econom
Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R04, an approximately $708 million note offering that represents Fannie Mae's fourth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. Year to date, Fannie Mae has issued approximately $2.9 billion of notes under the CAS program.