OTCPK:FNMADiversified Financial
Fannie Mae (FNMA) valuation after senators probe counterparty risk controls and reliance on Demotech insurance ratings
A group of US senators has launched an inquiry into whether Federal National Mortgage Association (FNMA) is managing counterparty risk appropriately as it relies on Demotech insurance ratings amid rising climate related insurer failures.
See our latest analysis for Federal National Mortgage Association.
The Demotech inquiry lands against a backdrop of intense trading, with Federal National Mortgage Association’s share price at $10.8 after a powerful year to date share price return of around...