Freddie Mac (FMCC) 3.8300 $FMCC
PIMCO Sees Flaw in Obama Fannie Freddie Wind-down Plan
at The Street - Tue Apr 15, 11:58AM CDT
One of the world's largest asset managers has joined a growing chorus of critics of legislation proposed by Sens. Tim Johnson (D, SD) and Mike Crapo (R., ID) which is widely seen as President Obama's favorite plan to reform the U.S. housing market by...
Freddie Mac Forgoes Issuing a Reference Notes(R) Security on Its April 15, 2014 Announcement Date
Marketwire - Tue Apr 15, 8:41AM CDT
Freddie Mac (OTCQB: FMCC) announced today that it will forego issuing a Reference Notes(R) security on its April 15, 2014 announcement date. The company's 2014 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Deutsche Bank's Mortgage Case Dismissed - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 11, 1:30PM CDT
As per a Reuters report, Deutsche Bank has won a dismissal of the case filed by the FHFA on behalf of Freddie Mac.
Fixed Mortgage Rates Tick Down
Marketwire - Thu Apr 10, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates moving down slightly as we head into the spring homebuying season.
Freddie Mac Prices Fourth Multifamily Securities Offering This Year, K-F03
Marketwire - Thu Apr 10, 8:14AM CDT
Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ("K Certificates"
, backed exclusively by LIBOR-based, floating rate multifamily mortgages with five- and seven-year terms. The company approximately $1.3 billion in K Certificates ("K-F03 Certificates" is expected to settle on or about April 25, 2014. This is Freddie Mac's fourth K Certificate offering this year and its first floating rate offering this year.
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.
Freddie Mac Extends Mortgage Relief to Washington Borrowers Affected by Disasters
Marketwire - Wed Apr 09, 9:23AM CDT
Freddie Mac's (OTCQB: FMCC) full menu of mortgage relief policies for borrowers affected by disasters in the State of Washington, including homeowners whose homes in Snohomish County were damaged or destroyed by recent flooding. Freddie Mac's disaster relief policies enable servicers to help borrowers with homes in presidentially declared Major Disaster Areas where federal Individual Assistance programs are being made available. Freddie Mac is one of the nation's largest investors in residential mortgages.
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...
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 / 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...
Freddie Mac Announces Fourth Multifamily Securities Offering This Year, K-F03
Marketwire - Mon Apr 07, 9:20AM CDT
Freddie Mac (OTCQB: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates", backed exclusively by LIBOR-based, floating rate multifamily mortgages with five- and seven-year terms. The company expects to offer approximately $1.3 billion in K Certificates ("K-F03 Certificates", which are expected to price the week of April 7, 2014, and settle on or about April 25, 2014. This is Freddie Mac's fourth K Certificate offering this year and its first floating rate offering this year.
Clear Capital Selected by Freddie Mac as Technology Provider for Appraisal Data Validation in Uniform Collateral Data Portal
GlobeNewswire - Mon Apr 07, 7:00AM CDT
Clear Capital(R), has been selected by Freddie Mac (OTCQB:FMCC) to power its collateral review of appraisals submitted through the Uniform Collateral Data Portal (UCDP) and to provide the company with in-depth feedback regarding the quality and accuracy of the appraisals.
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.
Fixed Mortgage Rates Relatively Flat
Marketwire - Thu Apr 03, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates relatively unchanged from last week.
Freddie Mac Prices Second STACR Credit Risk Sharing Transaction of 2014
Marketwire - Wed Apr 02, 11:53AM CDT
A $966 million offering of the Freddie Mac (OTCQB: FMCC) Structured Agency Credit Risk (STACR(R)) debt notes, Series 2014-DN2, priced today. This is Freddie Mac's second STACR offering this year where private investors and not taxpayers predominately take the credit risk.
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...
PIMCO Sees Flaw in Obama Fannie Freddie Wind-down Plan
at The Street - Tue Apr 15, 11:58AM CDT
One of the world's largest asset managers has joined a growing chorus of critics of legislation proposed by Sens. Tim Johnson (D, SD) and Mike Crapo (R., ID) which is widely seen as President Obama's favorite plan to reform the U.S. housing market by...
Freddie Mac Forgoes Issuing a Reference Notes(R) Security on Its April 15, 2014 Announcement Date
Marketwire - Tue Apr 15, 8:41AM CDT
Freddie Mac (OTCQB: FMCC) announced today that it will forego issuing a Reference Notes(R) security on its April 15, 2014 announcement date. The company's 2014 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Deutsche Bank's Mortgage Case Dismissed - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 11, 1:30PM CDT
As per a Reuters report, Deutsche Bank has won a dismissal of the case filed by the FHFA on behalf of Freddie Mac.
Fixed Mortgage Rates Tick Down
Marketwire - Thu Apr 10, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates moving down slightly as we head into the spring homebuying season.
Freddie Mac Prices Fourth Multifamily Securities Offering This Year, K-F03
Marketwire - Thu Apr 10, 8:14AM CDT
Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ("K Certificates"
, backed exclusively by LIBOR-based, floating rate multifamily mortgages with five- and seven-year terms. The company approximately $1.3 billion in K Certificates ("K-F03 Certificates" is expected to settle on or about April 25, 2014. This is Freddie Mac's fourth K Certificate offering this year and its first floating rate offering this year. 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.
Freddie Mac Extends Mortgage Relief to Washington Borrowers Affected by Disasters
Marketwire - Wed Apr 09, 9:23AM CDT
Freddie Mac's (OTCQB: FMCC) full menu of mortgage relief policies for borrowers affected by disasters in the State of Washington, including homeowners whose homes in Snohomish County were damaged or destroyed by recent flooding. Freddie Mac's disaster relief policies enable servicers to help borrowers with homes in presidentially declared Major Disaster Areas where federal Individual Assistance programs are being made available. Freddie Mac is one of the nation's largest investors in residential mortgages.
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...
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 / 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...
Freddie Mac Announces Fourth Multifamily Securities Offering This Year, K-F03
Marketwire - Mon Apr 07, 9:20AM CDT
Freddie Mac (OTCQB: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates"
, backed exclusively by LIBOR-based, floating rate multifamily mortgages with five- and seven-year terms. The company expects to offer approximately $1.3 billion in K Certificates ("K-F03 Certificates", which are expected to price the week of April 7, 2014, and settle on or about April 25, 2014. This is Freddie Mac's fourth K Certificate offering this year and its first floating rate offering this year. Clear Capital Selected by Freddie Mac as Technology Provider for Appraisal Data Validation in Uniform Collateral Data Portal
GlobeNewswire - Mon Apr 07, 7:00AM CDT
Clear Capital(R), has been selected by Freddie Mac (OTCQB:FMCC) to power its collateral review of appraisals submitted through the Uniform Collateral Data Portal (UCDP) and to provide the company with in-depth feedback regarding the quality and accuracy of the appraisals.
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.
Fixed Mortgage Rates Relatively Flat
Marketwire - Thu Apr 03, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates relatively unchanged from last week.
Freddie Mac Prices Second STACR Credit Risk Sharing Transaction of 2014
Marketwire - Wed Apr 02, 11:53AM CDT
A $966 million offering of the Freddie Mac (OTCQB: FMCC) Structured Agency Credit Risk (STACR(R)) debt notes, Series 2014-DN2, priced today. This is Freddie Mac's second STACR offering this year where private investors and not taxpayers predominately take the credit risk.
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...
