Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CORRECTING and REPLACING Fannie Mae Redemption.


Business Editors

CORRECTION CORRECTION,punishment. Chastisement by one having authority of a person who has committed some offence, for the purpose of bringing him to legal subjection.
     2. It is chiefly exercised in a parental manner, by parents, or those who are placed in loco parentis.
...by Fannie Mae Fannie Mae: see Federal National Mortgage Association.

WASHINGTON--(BUSINESS WIRE)--July 21, 2003

In BW5230 issued July July: see month.  18, 2003, (DC-FANNIE-MAE) Redemption The liberation of an estate in real property from a mortgage.

Redemption is the process by which land that has been mortgaged or pledged is bought back or reclaimed. It is accomplished through a payment of the debt owed or a fulfillment of the other conditions.
, table, fifth column, sixth row from the bottom should read xxx 3136F2M F2M Female to Male (transsexual)
F2M Fax to Mail
39 (sted 3136FM39).

The corrected release reads:

FANNIE MAE REDEMPTION

Fannie Mae will redeem redeem v. to buy back, as when an owner who had mortgaged his/her real property pays off the debt. The term also refers to paying the amount due and all charges after a foreclosure (due to failure to make payments when due) has begun.  the principal amount indicated of the following securities issues on the redemption date Redemption date

The date on which a bond matures or is redeemed.


redemption date

The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date.
 indicated below at a redemption price Redemption price

See: Call price


redemption price

1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share.

2.
 equal to 100 percent of the principal amount redeemed re·deem  
tr.v. re·deemed, re·deem·ing, re·deems
1. To recover ownership of by paying a specified sum.

2. To pay off (a promissory note, for example).

3.
, plus accrued interest Accrued Interest

The interest that has accumulated on a bond since the last interest payment up to but not including the settlement date.

There are two methods for calculating accrued interest:
1) 360-day year method, used for corporate and municipal bonds.
 thereon there·on  
adv.
1. On or upon this, that, or it.

2. Archaic Following that immediately; thereupon.

Adv. 1. thereon - on that; "text and commentary thereon"
on it, on that
 to the date of redemption:

   Principal    Security Interest  Maturity      CUSIP    Redemption
    Amount        Type     Rate       Date                    Date
--------------- -------- -------- ------------ ---------- ------------
$  150,000,000    MTN     2.150%   Jan. 28,    31364F2P93  July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------
$  100,000,000    MTN     2.150%   Jan. 28,    3136F2Q84   July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------
$  250,000,000    MTN     4.060%   Jan. 28,    3136F1KS8   July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------
$  100,000,000    MTN     2.490%   July 28,    3136F2U89   July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------

$  150,000,000    MTN     2.500%   July 28,    3136F2L89   July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------
$   30,000,000    MTN     2.420%   Oct. 28,    3136F3MM5   July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------
$   30,000,000    MTN     2.480%   Oct. 28,    3136F3MW3   July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     2.500%   Oct. 28,    3136F3MV5   July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     2.500%   Oct. 28,    3136F3NU6   July 28,
                                      2005                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     3.070%   July 28,    3136F2E61   July 28,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$  150,000,000    MTN     3.100%   July 28,    3136F2W87   July 28,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     3.110%   July 28,    3136F2V21   July 28,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$  150,000,000    MTN     3.120%   July 28,    3136F2V47   July 28,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     3.150%   July 28,    3136F2W38   July 28,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$  150,000,000    MTN     3.200%   July 28,    3136F2Q76   July 28,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     4.230%   Jan. 28,    3136F3MB9   July 28,
                                      2009                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     4.580%   Jan. 28,    3136F2U30   July 28,
                                      2010                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     4.600%   Jan. 28,    3136F2T73   July 28,
                                      2010                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     4.680%   Jan. 28,    3136F2T99   July 28,
                                      2010                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     4.750%   Jan. 28,    3136F2Q92   July 28,
                                      2010                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     5.000%   July 28,    3136F2J41   July 28,
                                      2011                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     5.080%   July 28,    3136F2M21   July 28,
                                      2011                    2003
--------------- -------- -------- ------------ ---------- ------------
$   10,295,000    MTN     6.700%   July 28,    3136F0TZ5   July 28,
                                      2021                    2003
--------------- -------- -------- ------------ ---------- ------------
$1,000,000,000    MTN     3.000%   July 29,    31359MNQ2   July 29,
                                      2004                    2003
--------------- -------- -------- ------------ ---------- ------------
$  500,000,000    MTN     3.150%   July 29,    31359MNL3   July 29,
                                      2004                    2003
--------------- -------- -------- ------------ ---------- ------------
$  500,000,000    MTN     3.100%   Oct. 29,    31359MNM1   July 29,
                                      2004                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     3.400%   Jan. 29,    3136F2S33   July 29,
                                      2007                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     4.180%   Oct. 29,    3136F3MA1   July 29,
                                      2008                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     4.750%   Jan. 29,    3136F2Q43   July 29,
                                      2010                    2003
--------------- -------- -------- ------------ ---------- ------------
$   30,000,000    MTN     5.500%   July 29,    3136F16S4   July 29,
                                      2011                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     6.750%   July 29,    3136F15X4   July 29,
                                      2027                    2003
--------------- -------- -------- ------------ ---------- ------------
$  100,000,000    MTN     2.125%   Jan. 30,    3136F2N79   July 30,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$   30,000,000    MTN     2.940%   Jan. 30,    3136F2R59   July 30,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$  100,000,000    MTN     3.010%    Jan. 30,   3136F2N87   July 30,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$  150,000,000    MTN     3.850%    Jan. 30,   3136F16G0   July 30,
                                      2006                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     3.500%    Jan. 30,   3136F2P44   July 30,
                                      2007                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     4.650%    July 30,   3136F17F1   July 30,
                                      2007                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     5.190%    July 30,   3136F1JP6   July 30,
                                      2007                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     5.190%    July 30,   3136F1JQ4   July 30,
                                      2007                    2003
--------------- -------- -------- ------------ ---------- ------------
$   90,000,000    MTN     3.780%    Oct. 30,   3136F2W79   July 30,
                                      2007                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTNR    4.000%    July 30,   3136F2F94   July 30,
                                      2008                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTNR    4.125%    July 30,   3136F2M39   July 30,
                                      2008                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTN     4.090%    Jan. 30,   3136F3QF6   July 30,
                                      2009                    2003
--------------- -------- -------- ------------ ---------- ------------
$   25,000,000    MTNR    5.000%    July 30,   3136F15G1   July 30,
                                      2009                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     4.050%    April 30,  3136F3MR4   July 30,
                                      2010                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     4.550%    April 30,  3136F3MQ6   July 30,
                                      2013                    2003
--------------- -------- -------- ------------ ---------- ------------
$   50,000,000    MTN     6.160%    Jan. 30,   3136F2L48   July 30,
                                      2023                    2003
--------------- -------- -------- ------------ ---------- ------------


Fannie Mae is a New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 company and the largest non-bank financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages. Fannie Mae is working to shrink shrink Vox populi noun A psychiatrist  the nation's "homeownership gaps" through a $2 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time.

(mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed.

In the USA and Canada, 10^12.
 "American Dream American dream also American Dream
n.
An American ideal of a happy and successful life to which all may aspire:
 Commitment" to increase homeownership rates and serve 18 million targeted American families American Family is a photographic artwork exhibition by Renée Cox. See also
  • An American Family, a 1973 documentary broadcast on PBS
  • , a 2002-2004 PBS drama starring Edward James Olmos and Constance Marie.
 by the end of the decade. Since 1968, Fannie Mae has provided $4.8 trillion of mortgage financing for more than 52 million families. More information about Fannie Mae can be found on the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 at http://www.fanniemae.com.

Style Usage: Fannie Mae's Board of Directors has authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
 the company to operate as "Fannie Mae," and the company's stock is now listed on the NYSE NYSE

See: New York Stock Exchange
 as "FNM FNM Faith No More (band)
FNM Fábrica Nacional de Motores (Brazilian truck/motor company))

FNM Free National Movement (Bahamas)
FNM Foot and Mouth ." In order to facilitate clarity Clarity is the property of being clear or transparent.

Clarity can refer to one's ability to clearly visualize an object or concept, as in thought, understanding, and the "mind's eye", as well as the traditional notion of visual perception, that is, with the
 and avoid confusion, news organizations are asked to refer to the company exclusively as "Fannie Mae."
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jul 21, 2003
Words:859
Previous Article:PSCU Financial Services Endorses NYCE Corporation; Nation's Largest Credit Union Service Organization to Promote NYCE to Its Credit Union Members.
Next Article:MobileMapper, New GPS-Based GIS Data Collector from Thales Navigation, Merges Consumer and Professional Features.
Topics:



Related Articles
Fannie Mae Announces Redemption of Preferred Stock.
Fannie Mae Redemption.
Fannie Mae Announces Redemption of Preferred Stock.
Fannie Mae Redemption.
Fannie Mae Redemption.
Fannie Mae Redemption.
Fannie Mae Redemption.
Fannie Mae Redemption.
Fannie Mae Redemption.
Fannie Mae Redemption.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles