Fannie Mae (FNMA/OTC) today announced that it will not utilize its second (April 19) Benchmark Notes® announcement date this month. As announced in our 2018 Benchmark Securities Issuance Calendar, the company may forgo any scheduled Benchmark Notes issuance. Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. […]
Bank of America announced today that Merrill Edge® will open 600 new investment centers within its expanding coast-to-coast financial center footprint, bringing its total to 2,800 by 2020. The effort is part of Bank of America’s previously mentioned plan to invest heavily in both its physical and digital presence across the United States, entering new […]
(New York) – JPMorgan Chase (NYSE-JPM) and New York City Mayor Bill de Blasio announced today that the company intends to pursue building a new 2.5 million square foot headquarters at its 270 Park Avenue location in New York City. The building would be the first major project under the City’s innovative Midtown East Rezoning […]
WASHINGTON, DC – Rising long-term interest rates and soaring market volatility are not enough to alter the forecast for strong 2.7 percent real GDP growth in 2018, according to the Fannie Mae Economic and Strategic Research Group’s February 2018 Economic and Housing Outlook. With long-term Treasury yields hitting multi-year highs in February and equities experiencing […]
WASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 2.0 points in December to 85.8, reversing last month’s rise. The decrease can be attributed to decreases in four of the six HPSI components. The net share of respondents who said now is a good time to buy a home decreased 5 percentage […]
WASHINGTON, DC – The 2017 economic growth forecast increased one-tenth from the prior forecast to 2.5 percent due to the government’s upgraded third quarter GDP growth estimate and an expected solid fourth quarter finish, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s December 2017 Economic and Housing Outlook. Consumer demand and investment […]
WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced the launch of DUS Disclose™, a new MBS disclosure website that will enhance the transparency and increase the data available for Multifamily securities in alignment with the industry. “We have worked closely with industry partners over the past six months in preparation of the site’s deployment and […]
WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced the winning bidders for its ninth and tenth Community Impact Pools of non-performing loans. The transaction is expected to close on January 12, 2018, and includes approximately 690 loans totaling $124.12 million in unpaid principal balance (UPB), divided between two pools; the loans in pool 1 are in […]
Nearly six in every 10 American workers are stressed about their current financial situation[1]—and Prudential is calling on all U.S. employers to do something about that stress. In a pre-Thanksgiving “Open Letter to Employers in America,” that debuted November 21 in print editions of major publications across the country, including The Wall Street Journal and […]
WASHINGTON, DC – The full-year 2017 economic growth forecast increased two-tenths to 2.4 percent following a stronger-than-expected estimate of third quarter real GDP growth and an improvement to the fourth quarter outlook, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s November 2017 Economic and Housing Outlook. Consumer spending ended last quarter on […]
