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Mortgage Sector News: (OTC:FNMA), (OTC:FMCC)


New York, NY -- (ReleaseWire) -- 04/10/2013 --Consumer confidence in the housing recovery remains firm in the face of budget sequestration and other fiscal policy concerns, according to Federal National Mortgage Association (OTC:FNMA), Fannie Mae's March 2013 National Housing Survey result.

The most detailed consumer attitudinal survey of its kind, the Fannie Mae National Housing Survey polled 1,004 Americans via live telephone interview to assess their attitudes toward owning and renting a home, home and rental price changes, homeownership distress, the economy, household finances, and overall consumer confidence.

"Despite an uptick in concern expressed about the direction of the economy, it appears consumers believe that the housing recovery will march on," said Doug Duncan, senior vice president and chief economist at Fannie Mae.

Find out what the market could have in store for FNMA by getting the free and full analysis report here:

Federal Home Loan Mortgage Corp (OTC:FMCC) traded at $ 0.819 in the last session, which is -0.037 (-4.32%). The stock has a Range of 0.81 - 0.88. The stock has a 52 week low and high of 0.14 - 1.44 respectively. The stock has a Market Cap of 532.38M. The stock traded a volume of 8.07M. The stock has a 30 day average volume of 14.24M.

Federal Home Loan Mortgage Corporation provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily.

Find out if FMCC could bounce back by getting the free and full trend analysis report here:

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