Fannie Mae News

Fannie Mae provides easy access to its Financial News, Corporate News, Statements, and Speeches. Below, select the year, month, and type of news that you would like to view. You may also add keywords.

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August 17, 2020 Historic Decline in Q2 GDP but Q3 Rebound Is Likely Ahead As of the time of this writing, new COVID-19 (coronavirus) cases are declining within the United States. Combining the elevated savings rate of 19 percent in June and extremely accommodative fiscal and monetary policy to date, we expect growth to accelerate toward year-end.
August 17, 2020 U.S. Economy Poised for Substantial Rebound Following Historic Second Quarter Contraction The U.S. economy contracted in the second quarter by 32.9 percent annualized – the largest such decline since demobilization efforts following World War II – but the strong rate of economic recovery observed in May and June sets up the third quarter for a substantial rebound, according to the…
August 12, 2020 COVID-19: The Need for Consumer Outreach and Home Purchase/Financing Digitization Douglas Duncan Executive Advisor, Senior Vice President The upheaval to daily life resulting from COVID-19 has been felt by virtually everyone in our society. Many have experienced financial distress and the upending of their education, career, retirement, or other life plans. Through our National Housing Survey®*, we sought to identify and track shifts…
August 7, 2020 Consumer Confidence in Housing Dips as Homebuying Sentiment Falls Sharply in July The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.3 points in July to 74.2, moderating slightly after two consecutive months of advances.
August 7, 2020 Consumer Confidence in Housing Dips as Homebuying Sentiment Falls Sharply in July The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.3 points in July to 74.2, moderating slightly after two consecutive months of advances. Three of the six HPSI components decreased month over month, with consumers reporting a significantly more pessimistic view of homebuying…
July 21, 2020 Flood Damage and Mortgage Credit Risk: A Case Study of Hurricane Harvey An examination of the link between property damage, flood insurance, and mortgage credit risk.
July 14, 2020 Reopening of Economy Followed by a Partial Rebound in Growth - and in COVID-19 Cases Fannie Mae's July gross domestic product (GDP) forecast for 2020 has been revised upward despite news of regional resurgences of COVID-19 cases. We now expect full-year 2020 GDP to decline 4.2 percent compared to our previous forecast of a 5.4 percent decline.
July 14, 2020 Economic Growth Expectations Improve Slightly, Remain Tied to Broader COVID-19 Recovery A faster-than-expected pace of recovery in the second quarter contributed to an improvement in expectations for full-year 2020 economic growth, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
July 10, 2020 Homeowner Mobility and Impediments to Moving Housing Insights Ozge Savascin Oundee Advisor, Economic and Strategic Research — Economics Analyzing a set of recent mobility-related responses from Fannie Mae's National Housing Survey (NHS), we find that lower prevailing mortgage rates, joint employment considerations, and household financial constraints related to buying the next house are among the most important deterrents repeat…
July 7, 2020 Housing Confidence Gaining Steam After Nearing Survey Low WASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 9.0 points in June to 76.5, building further on the prior month’s advance after approaching a survey low in April.