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NYSE Stocks In The News.(A)
In a five-month period, Fannie Mae advanced 77%. After notching an all-time high on Dec. 29, the stock has formed a 13-week base. Watch for it to surpass its resistance around 83. It stands 9% off its high.
The firm assures mortgage money is available for homeowners by buying mortgages from lenders and reselling them as bond-like securities. Fannie Mae is the leader in the mortgage field, with 24% of the market.
Earnings growth has been steady the past 13 quarters, ranging from 13% to 16%. Analysts expect fiscal 2001 profits will rise 16% to $4.97 a share, First Call says.
Last quarter, revenue rose 20%, the largest increase in the past four quarters. Sales growth has been 15% or higher in the past eight quarters.
Fannie Mae's Accumulation/Distribution Rating is a C, indicating an equal amount of buying ...
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...two senior officials of Fannie Mae (NYSE: FNM), the...funds. David Berson, Fannie Mae's vice president and...the Northeast, and Mid-Atlantic states. Berson noted...recession. Donna Callejon, Fannie Mae's senior vice president...
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...Multicultural Human Services (CMHS), The Mid Atlantic Division of Centex Construction...second-graders in the 14th Annual Fannie Mae Foundation Help the Homeless Walkathon...in Fairfax, Va., serving the Mid Atlantic region. Centex Construction Company...
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...two senior officials of Fannie Mae (NYSE: FNM), the...said David Berson, Fannie Mae's vice president and...average growth. The Mid-Atlantic states, however, are...said. Donna Callejon, Fannie Mae's senior vice president...
- Mid-Atlantic Financial Services, Inc. Signs Licensing Agreement to Use Patented...
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- /FIRST AND FINAL ADD -- DC010 -- FANNIE MAE/FREDDIE MAC INDEX/
- Press release article from: PR Newswire August 2, 1995 700+ words
FANNIE MAE/FREDDIE MAC CONVENTIONAL MORTGAGE HOME...1995 -- 2Q) Year/Quarter New Eng. Mid-Atlantic S. Atlantic 1987/1Q 100.00 100...This index was jointly developed by Fannie Mae and Freddie Mac. These numbers are subject...
- U.S. Senator Santorum Joins Citizens Bank and Fannie Mae to Announce $50...
- Press release article from: PR Newswire July 19, 2002 700+ words
...Citizens Bank and Fannie Mae , the nation...buyers in the Mid-Atlantic region. "Buying...Citizens Bank, Fannie Mae and our faith...buyers in the Mid-Atlantic region. Increasing...to partner with Fannie Mae on this huge opportunity...
- WMF Closes Its Largest Transaction With Fannie Mae: $375 Million Credit...
- Press release article from: PR Newswire September 26, 1997 700+ words
...facility, developed by Fannie Mae (NYSE: FNM) and Washington...million was funded using Fannie Mae fixed rate mortgage backed...dispersion throughout the Mid-Atlantic region. All the loans...said Richard Lawch, Fannie Mae's vice president for...
- MORTGAGE INTEREST RATES EXPECTED TO DECLINE LATER IN YEAR, SAYS FANNIE MAE;...
- Press release article from: PR Newswire June 25, 1996 700+ words
...and chief economist at Fannie Mae (NYSE: FNM), the...New England and the Mid- Atlantic states lag. Berson...information regarding Fannie Mae's economic and housing...call 202-752-7608. Fannie Mae is a congressionally...
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- Press release article from: PR Newswire August 14, 1996 700+ words
...enhancement facility with Fannie Mae will be deferred and...third quarter of 1996. Fannie Mae is a congressionally...More information about Fannie Mae can be found on the Internet...apartment communities in the Mid-Atlantic and Northeast regions...
- Town and Country Trust Announces $375 Million Fannie Mae Refinancing.
- Press release article from: Business Wire September 19, 1997 700+ words
...375 million collateralized financing facility guaranteed by Fannie Mae. The initial borrowing of $300 million will involve the...multifamily properties with 13,631 apartment units in the mid-Atlantic states. CONTACT: The Town and Country Trust Harvey Schulweis...