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Fannie Mae (QB)

Fannie Mae (QB) (FNMA)

1.24
0.00
(0.00%)
Closed September 24 4:00PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
1.24
Bid
1.24
Ask
1.25
Volume
-
0.00 Day's Range 0.00
0.54 52 Week Range 2.00
Market Cap
Previous Close
1.24
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
2,523,653
Shares Outstanding
1,158,087,567
Dividend Yield
-
PE Ratio
476.92
Earnings Per Share (EPS)
-
Revenue
26.87B
Net Profit
3M

About Fannie Mae (QB)

Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold. Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold.

Sector
Mortgage Bankers & Loan Corr
Industry
Mortgage Bankers & Loan Corr
Headquarters
Washington, District Of Columbia, USA
Founded
-
Fannie Mae (QB) is listed in the Mortgage Bankers & Loan Corr sector of the OTCMarkets with ticker FNMA. The last closing price for Fannie Mae (QB) was $1.24. Over the last year, Fannie Mae (QB) shares have traded in a share price range of $ 0.54 to $ 2.00.

Fannie Mae (QB) currently has 1,158,087,567 shares outstanding. The market capitalization of Fannie Mae (QB) is $1.44 billion. Fannie Mae (QB) has a price to earnings ratio (PE ratio) of 476.92.

FNMA Latest News

Mortgage Rates Fall Amid Volatile Activity

By Will Feuer Mortgage rates fell over the past week, as demand for homes remains volatile. In the week ending Thursday, the average rate on a 30-year fixed-rate mortgage fell to 6.33% from 6.48...

These Are The Ten Biggest Companies in Diversified Financials Industry

Diversified Financials include both consumer and commercially oriented companies. The companies in this industry offer a range of financial products and services, including lending products...

David Einhorn Sells Fannie Mae, Bets On Commodities To Beat Biden Driven Inflation

David Einhorn’s Greenlight Capital has made some big changes in Fannie Mae holdings. In his Q2 2021 letter to investors (full copy of Greenlight’s investor letter can be found here...

Barriers To GSE Reform And Homeownership Among Minorities, Low-Income

The Supreme Court has weighed in on one of the lawsuits involving Fannie Mae and Freddie Mac. However, it didn’t move the case forward much, as the court remanded the case back to the lower...

Fannie Mae COO Elected to Lilly Board

By Dave Sebastian Eli Lilly and Co. said it has elected Kimberly Johnson, the operating chief of the Federal National Mortgage Association, as a board member, effective Tuesday. The drugmaker said...

Fannie Mae, Freddie Mac Third-Quarter Earnings Rise on Mortgage Refinance Boom

By Andrew Ackerman WASHINGTON -- Government-controlled mortgage giants Fannie Mae and Freddie Mac reported improved earnings in the third quarter, as record-low interest rates fueled a refinancing...

Libor Pains Deepen as Deadline for Benchmark's Demise Approaches

By Julia-Ambra Verlaine No one said replacing the London interbank offered rate would be easy, but many regulators and investors contend the cumbersome process remains on track despite setbacks...

Borrowers Face New Fee to Cover Heightened Risks -- Update

By Andrew Ackerman Fannie Mae and Freddie Mac said they would impose a new fee to insulate themselves from losses on refinanced mortgages they guarantee, a sign of potential turbulence in the...

Borrowers Face New Fee to Cover Heightened Risks

By Andrew Ackerman Fannie Mae and Freddie Mac said they would impose a new fee to insulate themselves from losses on refinanced mortgages they guarantee, a sign of potential turbulence in the...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1001.241.291.1725057131.25601409CS
4-0.01-0.81.251.291.124140271.19860817CS
12-0.21-14.48275862071.451.571.0225236531.26420285CS
26-0.62-33.33333333331.861.991.0230170491.3964508CS
520.594892.18846869190.645220.5432726951.27924459CS
1560.3336.26373626370.913.90.350530399170.92059436CS
260-2.77-69.07730673324.014.030.350538738061.57364274CS

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FNMA Discussion

View Posts
RickNagra RickNagra 4 hours ago
I put KT19 on ignore 7 years ago. I have not read any of his posts in the last 7 years. And I plan to never read any of his posts ever. Best thing I ever did. I have a premium membership here on iHub along with adds free. Costs me $200 per year.
👍️0
MRJ25 MRJ25 8 hours ago
Yes, fire KT19.
👍️ 1
Acme Investments Acme Investments 9 hours ago
Same formula guys!! When you least expect it.......Boom!!
👍️ 3
TightCoil TightCoil 10 hours ago
Fannie Mae - All The Way
Freddie Mac - Load Up and Don't Look
Seems like when KThompson is on the board
Our PPS Goes Down and Down and Down and Down
👍️ 1
Viking61 Viking61 13 hours ago
It was just a notice of request of transcript.
👍️0
jcromeenes jcromeenes 13 hours ago
Let's hope it's not out. If it's out and all we got from it was a daily total volume of 1.2m shares traded and down 2 cents that's awful bad.
👍️0
Golfbum22 Golfbum22 13 hours ago
Jury verdict opinion is out? see below post...

can anyone confirm Judge L finally doin his job or not?

TIA

"nagoya1
Re: RickNagra post# 46341
Friday, September 20, 2024 8:20:05 PM
Post# of 46349 Go
PACER account holder needed. Judge Lame's opinion is on PACER....
FNMA"
👍️0
TightCoil TightCoil 14 hours ago
FNMA - You know it, I know it, the Whole World knows it:
FNMA will g o up and up, no matter if we're released or not,
FNMA is a good stock to buy and hold
Strong Buy - Strong Hold
🌩️ 1 👍️ 3
jog49 jog49 15 hours ago
I think in the beginning the instigators didn't realize they could steal and not be accountable so easily. Once they did, Katie bar the door!
👍️ 3
jog49 jog49 15 hours ago
"just when you think somebody knows sumthin, nutin honey, including and especially KTCarneyCanival Crowd who taints everything so u can only see that perspective in the fog, all BS facts out of context that dont mean a damn thing. (they are getting smaller and smaller as they dumped preferreds) so goes the GES extended saga."

As the old saying goes "don't nobody know squat!" And with nobody knowing squat, no squat is going to happen. We remain in limbo for the foreseeable future. Fannie, Freddie and the Invisible Man have much in common.
👍️ 1
RickNagra RickNagra 15 hours ago
Oh wow. Sherwin Williams strikes again end of day one second before the close.
👍️0
Guido2 Guido2 17 hours ago
Any different from @FHFA seizing @FannieMae & @FreddieMac 16 years ago on the pretext of "temporary" conservatorship and sending $301 billion of their equity to @USTreasury for pet projects not funded through Congress?

If USA isn't a 🍌REPUBLIC...

FREE FANNIE!
FREE FREDDIE!— Guido da Costa Pereira (@GuidoPerei) September 23, 2024
👍️ 1
jcromeenes jcromeenes 17 hours ago
And I wish that was because Freddie jumped up but the reality is that Fannie dropped more.
👍️0
trunkmonk trunkmonk 18 hours ago
just when you think somebody knows sumthin, nutin honey, including and especially KTCarneyCanival Crowd who taints everything so u can only see that perspective in the fog, all BS facts out of context that dont mean a damn thing. (they are getting smaller and smaller as they dumped preferreds) so goes the GES extended saga.
👍️ 2
RickNagra RickNagra 18 hours ago
Delta is now 2 cents. That’s just my 2 cents worth.
😃 1
Guido2 Guido2 21 hours ago
Thanks DaJester for combating the commie propaganda that (in this bastion of democracy) individuals aren't entitled to their property rights.
👍️ 2 😆 1
DaJester DaJester 21 hours ago
Did you miss the part about "Deem seniors paid?" You aren't going to school him on the illegality as evidenced by a book quote?

Or it's "reasonable numbers" when he projects it, but not when others think the seniors will be deemed paid? Hypocrite.
👍️ 2 💯 1
DaJester DaJester 21 hours ago
KThomp mentioned AIG again. Everyone drink!
👍️ 1 😂 1 🤣 2
DaJester DaJester 21 hours ago
"Reasonable shareholder expectations for any implied covenant claim over an action after the NWS has to take into account that the NWS itself was in place."

This would ONLY be true if a reasonable shareholder should expect that the NWS:
1.) Is not a breach of the shareholder agreement
2.) Exists in perpetuity, implying a permanent conservatorship

Since neither of those are reasonable nor true, your implication that the shareholders should have zero expectation to share in future financial profits is an incorrect conclusion.
👍️ 4 💯 2
DaJester DaJester 21 hours ago
"As to why the commitment fee wasn't charged between the start of conservatorship and the NWS, I don't know."

This is the first time I recall you claiming you don't know something. But I think this is a disingenuous claim. I believe you do know that the commitment fee would be illegal per the Charter Act.
👍️ 2 💯 1
DaJester DaJester 22 hours ago
I keep saying I'm not going to repeat myself, but since you keep repeating yourself, I suppose I have no choice.

"The only evidence we have is that Treasury thinks it is illegal. Why would you expect Treasury to do something they think is illegal?"

TREASURY does not "think" anything - FFS. There are over 100K employees there. You can keep talking about "they" as if it's a single person. Unless you know about secret surgeries Mnuchin may have had, you are falsely attributing a stance to the entire US Treasury.

1.) Non-sequitur: an inference or a conclusion that does not follow from the premises. Your premise is that since Calabria quoted a conversation with Mnuchin, therefore the writedown is illegal. You can try to reframe it now, but in the past you have said if "Treasury thinks it's illegal" that is evidence that it is, and DOJ would be giving guidance to Treasury, therefore the position is more valid than my position, which is that it is NOT illegal. Go ahead and try to deny it or change your stance.

2.) False-attribution: Appealing to an irrelevant, unqualified, fabricated or unidentified source in support of an argument, or when a quote is attributed to the wrong person or group. You consistently attribute the quote as if it applies to "Treasury" when Treasury has said no such thing. If you are going to use the quote, be specific with who said it. Do not imply an official department stance nor infer the opinion of 100K employees. Go ahead and refute this: Treasury has NEVER said the SPS writedown is illegal.

3.) Argument from Authority: The argument is based on the idea that if an authority figure in a field makes a statement about that field, it's probably true. However, this can be a logical fallacy and lead to unreliable conclusions if the authority figure is not qualified or the claim is made in a way that's misleading. First, Calabria is not an authority on the legality of the SPS write-down, he is simply recalling a conversation. Second, whomever he spoke with at Treasury may or may not be an authority on the legality of the SPS write-down. Calabria being the former director of the FHFA does not provide any relevant authority for your argument. Go ahead and refute this: The quote in Calabria's book did not come with any legal references that would support the illegality claim.

"Three strikes and you're out. Clearly giving you the list of logical fallacies wasn't enough because you don't seem to understand what any of them actually mean."

Ummm. You may want to read this post again, slowly. Maybe you need to use a lifeline - poll the audience, and see if they are following your understanding of the fallacies or mine.
👍️ 2 💯 1
DaJester DaJester 22 hours ago
Welcome back. Glad you are still kickin'... Even if you can't understand my points.
🤣 1
Viking61 Viking61 22 hours ago
Robert from yahoo, are you still with us buddy?
👍️0
Boat Shoes From Yahoo Boat Shoes From Yahoo 23 hours ago
Good Morning Warriors! It’s been awhile! Let’s get a WARRIOR headcount.
Give a thumbs up! Hang in there! The BOAT is just getting warmed up!
👍️ 5
stockprofitter stockprofitter 24 hours ago
Just because it’s taking time doesn’t mean it’s not happening.

At this point all we have is algorithms.
👍️ 1
nagoya1 nagoya1 1 day ago
In 5 minutes, ….stay tuned…fart, plop plop. Flush.
Fnma
Sound familiar tight coil and cat
👍️ 1
Wingsjr Wingsjr 1 day ago
Aaaaaaa, it was 2:00 pm Pacific when he posted it. 7:00 pacific is 5 hours. Anyway, nothing was announced so who cares.
👍️ 1
TightCoil TightCoil 1 day ago
No, No, Don't Say That:
Someone tampered with The Algorithm
It wasn't my fault, it was The Algorithm
👍️ 1 🔥 1 ⚡️ 1
TightCoil TightCoil 1 day ago
Sometimes Time Stands Still in TheTwilightZone
👍️ 2
nagoya1 nagoya1 1 day ago
It’s past that time- what news didn’t show up…your bird got the bird. Lol
Fnma
👍️0
EternalPatience EternalPatience 1 day ago
Ohh no

What would happen to my shares??
👍️0
Viking61 Viking61 1 day ago
What is the land speed velocity of a sparrow???
👍️0
Viking61 Viking61 1 day ago
If I’m taking a six hour flight from East to west then what time will it happen???
👍️0
RickNagra RickNagra 1 day ago
Oh wow. Thirty five minutes to go. I can hardly wait.

Yes, that would be 10;:15pm
East Coast Time
👍️ 1
RickNagra RickNagra 1 day ago
Oh wow. I was planning to get me some shut eye early tonight but now I will have to stay up for this big news event.

FNMA/FMCC
CountDown for Huge Breaking News Story for Sheerholders
Coming at 7:15 pm CA Time - Exactly 5 hours from NOW
👍️ 1
TightCoil TightCoil 1 day ago
Yes, Just imagine a Bird of Paradise landing in your yard, and they're carryiing a basket covered with a golden doily. You're reach to open it and inside is Wealth the likes of which are only in Dreams
👍️ 1
jcromeenes jcromeenes 1 day ago
This is 5 month old news. Here's other news - https://www.reuters.com/article/business/-government-takes-over-fannie-mae-freddie-mac-idUSN07578818/
👍️ 1
nagoya1 nagoya1 2 days ago
Are you going to give us something to think about before the time....(I won't tell anyone, promise. wink wink)

FNMA
👍️ 1
TightCoil TightCoil 2 days ago
Yes, that would be 10;:15pm
East Coast Time
👍️ 1
nagoya1 nagoya1 2 days ago
Funny how you of all people, the many times with your incorrect info, would mention that….huh
Fnma
👍️ 1
CatBirdSeat CatBirdSeat 2 days ago
If Nothing, May Lighting Strike You Twice And Vaporize You To Ashes
⚡️ 1 ⚱️ 1
nagoya1 nagoya1 2 days ago
How is that 5 hours…east coast/west coast 3 hours…
Fnma
👍️ 2
TightCoil TightCoil 2 days ago
FNMA/FMCC
CountDown for Huge Breaking News Story for Sheerholders
Coming at 7:15 pm CA Time - Exactly 5 hours from NOW
👍️ 4 🚀 1 ⚡️ 1 ⚱️ 1
EternalPatience EternalPatience 2 days ago
And we were told by Bush that it was definitely temporary
👍️0
Sammy boy Sammy boy 2 days ago
Temporary Indefinite!
👍️0
stockanalyze stockanalyze 2 days ago
https://www.reuters.com/world/us/blackstone-ceo-schwarzman-back-trump-axios-reports-2024-05-24/
👍️ 2
stockanalyze stockanalyze 2 days ago
it is much higher but as you know it effectively negative in value and the political clutches are so tight that they can crumble with nothing left.
👍️0
RickNagra RickNagra 2 days ago
Great video. A must watch.
👍️ 1
Guido2 Guido2 2 days ago
@SenAlexPadilla & @JudiciaryDems haven't once objected to @FHFA 's $301 billion swindle of @FannieMae & @FreddieMac equity while it keeps them in a fraudulent "temporary" conservatorship for over 16 years.

If USA isn't a🍌REPUBLIC...

END THE SWINDLE!
FREE FANNIE!
FREE FREDDIE!— Guido da Costa Pereira (@GuidoPerei) September 22, 2024
👍️ 2
RickNagra RickNagra 2 days ago
As of the latest information available, BlackRock holds a substantial number of shares in both $FNMA Fannie Mae and FMCC , although exact figures fluctuate based on portfolio adjustments. In earlier filings, BlackRock reported millions of common shares in both entities— Grail (@SmartMoney777) September 22, 2024
👍️ 1

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