Resilience of U.S. Economy Tested by COVID-19 Outbreak and Oil Price Shock
Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
Company Research
Source: PR Newswire
WASHINGTON, March 12, 2020 /PRNewswire/ -- According to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group, the COVID-19 (coronavirus) outbreak and sharp decline in oil prices are likely to result in decreased economic growth. Assuming the outbreak is relatively short-lived, the ESR Group is currently forecasting 1.8 percent full-year 2020 growth, down from its prior month forecast of 2.2 percent. Real GDP growth is now forecast to approach zero in the second quarter before an expected recovery in the second half of the year. However, if the crisis worsens considerably or lasts longer than a few months, a more substantial slowdown or contraction in the global economy is possible. In respon
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FNMA
Sec Filings
- 2/14/25 - Form 8-K
- 2/14/25 - Form 10-K
- 2/12/25 - Form ABS-15G/A
- FNMA's page on the SEC website