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Federal National Mortgage Association ( (FNMA) ) has issued an announcement.
On March 17, 2025, the U.S. Federal Housing Finance Agency, acting as conservator, removed several members from Fannie Mae’s Board of Directors and appointed new ones, including Clinton Jones, William J. Pulte, Christopher Stanley, and Michael Stucky, with Pulte serving as Chairman. This reshuffling of the board is significant as it may impact Fannie Mae’s governance and strategic direction while it remains under conservatorship, though specific committee assignments and potential conflicts of interest are yet to be disclosed.
More about Federal National Mortgage Association
Fannie Mae, also known as the Federal National Mortgage Association, operates in the housing finance industry, primarily focusing on providing liquidity and stability to the U.S. mortgage market. It achieves this by purchasing and guaranteeing mortgages, thereby facilitating homeownership and rental housing opportunities.
YTD Price Performance: 77.62%
Average Trading Volume: 16,801,522
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.08B
See more insights into FNMA stock on TipRanks’ Stock Analysis page.
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