Is this the reason why FNMA stock price dropped on Friday?
Federal National Mortgage Association (FNMA) shares dropped -7.88% to $1.87 in the previous close by the company, which provides mortgage financing in the United States. In other words, Fannie Mae MBS(FNMA)securitizes mortgage loans originated by lenders. The company operates in two segments: single-family and multifamily. Latest Development: The U.S. economy is currently projected to shrink […]
