Why Fannie Mae (FNMA), Freddie Mac (FMCC) Stock Are Higher This Afternoon
at The Street - Wed Apr 09, 3:10PM CDT
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) are higher today after a coalition of investors in both companies began a move to stop Congress from going forward with a U.S. housing finance reform bill, saying it would deny them of a fair share...
Nader Slams Obama Housing Plan
at The Street - Wed Apr 09, 12:16PM CDT
The housing reform legislation that appears to have the most support from the Obama Administration takes sharp criticism from an icon of the Left.
What Does Fannie Mae and Freddie Mac's Massive Windfall Mean to You?
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 09, 6:00AM CDT
The Federal Housing Finance Agency (FHFA) sure does seem to be making a lot of money from settlements lately. In fact, after Bank of America's recent $9.3 billion deal, the agency has now settled 10 of the 18 lawsuits it filed related to the sale...
Alcoa Inc. Beats on Earnings; Groupon's Hobson to Step Down
ACCESSWIRE - Tue Apr 08, 11:13PM CDT
Alcoa Inc. (NYSE: AA) - For an in-depth report on Alcoa Inc. follow: www.BullTrends.com/stockquote/AA
Investors are Ready to Discover Fannie Mae and Freddie Mac
Alexander MacLennan, The Motley Fool - Motley Fool - Tue Apr 08, 8:43AM CDT
Source: Flickr /Â Georgie Pauwels. After an amendment to the preferred stock purchase agreement with the U.S. government was added in 2012, shareholders of Fannie Mae and Freddie Mac are forced to rely on the courts to realize any value from...
Housing Activity Loses Some Steam, But Positive Signs Crop Up Heading into Spring Home Buying Season
PR Newswire - Mon Apr 07, 8:00AM CDT
Recent month-to-month volatility in the housing market has softened the ongoing recovery. However, the majority of the Fannie Mae National Housing Survey indicators on consumer attitudes have continued to move in a positive direction during the past year, which may portend a pickup in home buying and selling activity this spring. According to Fannie Mae's March 2014 National Housing Survey results, the share of survey respondents who say it is a good time to sell a home climbed to 38 percent last month, compared to 26 percent at the same time last year. In addition, the share who believe it would be easy to get a mortgage today increased to 52 percent, compared to 47 a year ago, and tying the all-time survey high. Americans' attitudes regarding their personal finances also have improved - those who expect their financial situation to worsen during the next 12 months decreased to 12 percent, a significant drop from 21 percent at the same time last year, and the share who say their personal financial situation improved during the past year reached an all-time survey high of 40 percent.
Who's on the Side of Fannie and Freddie Shareholders?
Alexander MacLennan, The Motley Fool - Motley Fool - Sun Apr 06, 9:00AM CDT
Source: Flickr / tuffehoffe. Post-financial meltdown, there has been very little support for GSEs Fannie Mae and Freddie Mac . While there is still considerable debate surrounding how much the GSEs are to blame for the crisis itself, friends...
Why This Billionaire Added to His Stake in Fannie Mae and Freddie Mac
Patrick Morris, The Motley Fool - Motley Fool - Sat Apr 05, 6:00AM CDT
Multiple billionaire investors have put both their wallets and their words behind Fannie Mae and Freddie Mac and this week one announced he was upping his ownership to more than 11% of each. Source: Insider Monkey . The investment...
Credit Suisse Restates Results, Hikes CEO Pay - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 04, 5:19PM CDT
Credit Suisse Group AG revised its 2013 results owing to a higher litigation reserve related to an ongoing tax probe by the United States Department of Justice (DOJ).
Rep. John Delaney Defends Fannie and Freddie Profit "Sweep"
at The Street - Fri Apr 04, 5:30AM CDT
As the Maryland Congressman sees it, the Treasury Department is acting like just like any other swashbuckling investor in squeezing out the minority investors in the government sponsored enterprises.
Google Prepares for 2-for-1 Split; Teva Gets Okay from U.S. Supreme Court to Appeal
ACCESSWIRE - Tue Apr 01, 1:01AM CDT
Teva Pharmaceutical Industries Limited (NYSE: TEVA) - For an in-depth report on Teva Pharmaceutical Industries Limited follow: www.BullTrends.com/stockquote/TEVA
Fannie Mae Releases February 2014 Monthly Summary
PR Newswire - Mon Mar 31, 3:00PM CDT
Fannie Mae's (OTC Bulletin Board: FNMA) February 2014 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, serious delinquency rates, and loan modifications.
Why Fannie Mae (FNMA), Freddie Mac (FMCC) Are Higher On Monday
at The Street - Mon Mar 31, 2:40PM CDT
Earlier today it was announced that Bill Ackman's firm, Pershing Square Capital Management, is increasing its stake in Fannie Mae (FNMA) and Freddie Mac (FMCC) to over 11% in each from a combined 9.8% in both firms.
Bank of America Q1 Estimates About 70% High
at The Street - Mon Mar 31, 8:48AM CDT
Bank of America first quarter 2014 analyst estimates are considerably higher than they should be as many analysts still need to update their targets to reflect a multi-billion dollar settlement the bank reached with Fannie Mae and Freddie Mac five...
It's March Madness in the Mortgage Business: Sub-Prime is Back
Jay Jenkins, The Motley Fool - Motley Fool - Sat Mar 29, 10:37AM CDT
The top real estate story trending on social media last week was CNN Money 's story pointing out a potentially troubling trend in the mortgage business:Â sub-prime mortgages are making a comeback . Are the Wall Street Fat Cat's back in the sub...
The American Dream Doesn't Need Fannie and Freddie to Survive
Matthew Frankel, The Motley Fool - Motley Fool - Sat Mar 29, 7:23AM CDT
One of the core components of the idea of the "American Dream" has generally been ownership of one's own home. However, the recent announcement that Fannie Mae and Freddie Mac could be wound down in as soon as five years has led to some...
25 Banks Went to the Head of the Class This Week
Eric Volkman, The Motley Fool - Motley Fool - Fri Mar 28, 4:32PM CDT
In the banking sector, this week was dominated by Wednesday's release of the Comprehensive Capital Analysis and Review (CCAR, for those who want to conserve their oxygen). This was the second part of the Federal Reserve's stress tests for this year,...
BofA Reaches Settlement with FHFA - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 1:00PM CDT
Bank of America Corporation announced yet another settlement with the Federal Housing Finance Agency (FHFA) - the conservator of government sponsored enterprises (GSEs) Freddie Mac (FMCC) and Fannie Mae (FNMA).
Bank of America Reaches $14.35B Settlement With Fannie and Freddie
at The Street - Wed Mar 26, 3:59PM CDT
Bank of America reached an agreement to settle litigation with Fannie Mae and Freddie Mac over problem mortgage backed securities.
Walgreen to Close 76 Stores in the Second Half of 2014; Cisco to Invest $1B into a Cloud Service
ACCESSWIRE - Tue Mar 25, 11:25PM CDT
Walgreen Co. (NYSE: WAG) - For an in-depth report on Walgreen Co. follow: www.BullTrends.com/stockquote/WAG