Freddie Mac (FMCC) 4.1000 $FMCC
Fannie Mae Soft Pedals $4 Billion Mistakes
at The Street - Thu May 08, 11:33AM CDT
Fannie Mae quietly acknowledged several errors in its financial statements that have largely gone unnoticed, even by sophisticated investors who made daring contrarian bets on the turnaround of the controversial mortgage giant.
30-Year Fixed-Rate Mortgage Hits Low for the Year
Marketwire - Thu May 08, 9:00AM 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 further and following the decline in Treasury yields as the economic growth for the first quarter came in well below market expectations. At 4.21 percent, the 30-year fixed-rate mortgage is at its lowest since the week of November 7, 2013.
Freddie Mac Reports First Quarter 2014 Financial Results
Marketwire - Thu May 08, 7:13AM CDT
Freddie Mac (OTCQB: FMCC) today reported its first quarter 2014 financial results and filed its quarterly Form 10-Q with the U.S. Securities and Exchange Commission. The company's SEC filing and press release are available now on the company's website, www.freddiemac.com/investors, along with these related materials:
Ackman's Optimism on Fannie, Freddie - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 07, 3:40PM CDT
Shares of Federal National Mortgage Association (FNMA) or Fannie Mae and Federal Home Loan Mortgage Corporation (FMCC) or Freddie Mac rallied about 3.0% and 6.3%, respectively, following Bill Ackman's presentation in favor of the companies on May 5.
David Einhorn Causes athenaHealth Rout: Highlights from Ira Sohn 2014
at The Street - Tue May 06, 2:38PM CDT
Greenlight Capital founder David Einhorn disclosed he had shorted shares of athenaHealth as part of a basket of technology stocks he believes are indicative of a bubble.
Senate and Stress Test: Another Week With Fannie Mae and Freddie Mac
Alexander MacLennan, The Motley Fool - Motley Fool - Tue May 06, 6:33AM CDT
Action (or in some cases, inaction) continues to surround GSEs Fannie Mae and Freddie Mac and the last week of April proved no exception. The widely expected Senate panel discussion of the Johnson-Crapo bill occurred as senators discussed the...
Ackman Unveils Fannie and Freddie Strategy
at The Street - Mon May 05, 3:35PM CDT
Fannie Mac FNMA and Freddie Mac FMCC shares rallied late Monday after hedge fund investor Bill Ackman detailed his thinking in owning common shares of the mortgage giant at the Ira Sohn Conference and in an interview with CNBC.
Why Fannie (FNMA), Freddie (FMCC) Stock Closed Higher Today
at The Street - Mon May 05, 3:27PM CDT
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) closed up today after activist investor Bill Ackman proposed keeping them.
The Fannie and Freddie Experiment Was a "Total Failure"
David Hanson, The Motley Fool - Motley Fool - Mon May 05, 6:30AM CDT
Despite recent reports suggesting Warren Buffett was open to filling a potential void in the housing finance market if Fannie Mae and Freddie Mac were wound down, Buffett and Charlie Munger all but squashed that notion during the Berkshire...
Congressional Inaction Could Lead to Additional Future Bailouts for Fannie Mae and Freddie Mac
Matthew Frankel, The Motley Fool - Motley Fool - Sun May 04, 11:31AM CDT
To say the future for Fannie Mae and Freddie Mac's shareholders is uncertain would be quite an understatement! The latest news about the possibility of Fannie and Freddie needing another huge bailout if another downturn happened is just...
The Reason Mortgage Rates Could Skyrocket
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Sat May 03, 12:18PM CDT
Mortgage rates have jumped higher over the past year, but they still sit at historical lows . However, that may not be the case for much longer. Politicians on Capitol Hill, both Republicans and Democrats, are discussing a bill that would reduce...
Freddie Mac Prices Fifth Multifamily K Certificates Offering This Year, K-715
Marketwire - Fri May 02, 3:41PM CDT
Freddie Mac (OTCQB: FMCC) today priced a $1.2 billion offering of Structured Pass-Through Certificates (K Certificates) backed primarily by fixed-rate multifamily mortgages with a 7-year term. The K Certificates (K-715 Certificates) are expected to settle on or about May 13, 2014. This is Freddie Mac's fifth K Certificate offering this year.
Fixed Mortgage Rates Continue to Seesaw
Marketwire - Thu May 01, 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 following the release of real GDP estimates for the first quarter.
First Horizon Closes FHFA Lawsuit for $110M - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 30, 4:50PM CDT
First Horizon National Corporation (FHN) ended the legal tussle it was embroiled in since 2011 with the Federal Housing Finance Agency (FHFA), the conservator for Freddie Mac (FMCC) and Fannie Mae (FNMA).
Senate Committee Delays Vote that Could Help Eliminate Freddie and Fannie
ACCESSWIRE - Wed Apr 30, 2:32PM CDT
Senators delayed a committee vote on legislation Apr. 29 that could eliminate Freddie Mac (OTCQB: FNMA) and Fannie Mae (OTCQB: FNMA) and replace them with a new entity.
Freddie Mac to Purchase and Securitize Manufactured Housing Community Loans
Marketwire - Wed Apr 30, 2:31PM CDT
To provide more capital for affordable rural housing, Freddie Mac (OTCQB: FMCC) Multifamily will begin purchasing and securitizing Manufactured Housing Community (MHC) loans. These will be commercial loans made to the community owners who own the land on which the homes reside.
Fannie and Freddie's Shareholders Should Savor Their Latest Victory
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 30, 12:54PM CDT
Fannie Mae and Freddie Mac shareholders breathed a sigh of relief on yesterday as the Senate Banking Committee indefinitely delayed consideration of a bill aimed at overhauling housing finance . Under the bill, both Fannie and Freddie would be...
Low Cash-Out Share, Shorter Terms Point to Equity Build-Up
Marketwire - Wed Apr 30, 12:26PM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its first quarter 2014 quarterly refinance analysis, showing that borrowers will save on net more than $1 billion in interest payments over the coming year as they continue to shorten their payment terms and build equity in their homes.
Freddie Mac Issues Dodd-Frank Stress Test Results
Marketwire - Wed Apr 30, 12:04PM CDT
Freddie Mac (OTCQB: FMCC) today issued the company's stress test results for the severely adverse scenario conducted under FHFA's rule implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act.
What Killed Obama Housing Fix
at The Street - Wed Apr 30, 10:43AM CDT
Housing reform is dead, and Tuesday's delay of a Senate Banking Committee vote on President Obama's favorite piece of housing legislation was only the final nail in the coffin.
Fannie Mae Soft Pedals $4 Billion Mistakes
at The Street - Thu May 08, 11:33AM CDT
Fannie Mae quietly acknowledged several errors in its financial statements that have largely gone unnoticed, even by sophisticated investors who made daring contrarian bets on the turnaround of the controversial mortgage giant.
30-Year Fixed-Rate Mortgage Hits Low for the Year
Marketwire - Thu May 08, 9:00AM 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 further and following the decline in Treasury yields as the economic growth for the first quarter came in well below market expectations. At 4.21 percent, the 30-year fixed-rate mortgage is at its lowest since the week of November 7, 2013.
Freddie Mac Reports First Quarter 2014 Financial Results
Marketwire - Thu May 08, 7:13AM CDT
Freddie Mac (OTCQB: FMCC) today reported its first quarter 2014 financial results and filed its quarterly Form 10-Q with the U.S. Securities and Exchange Commission. The company's SEC filing and press release are available now on the company's website, www.freddiemac.com/investors, along with these related materials:
Ackman's Optimism on Fannie, Freddie - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 07, 3:40PM CDT
Shares of Federal National Mortgage Association (FNMA) or Fannie Mae and Federal Home Loan Mortgage Corporation (FMCC) or Freddie Mac rallied about 3.0% and 6.3%, respectively, following Bill Ackman's presentation in favor of the companies on May 5.
David Einhorn Causes athenaHealth Rout: Highlights from Ira Sohn 2014
at The Street - Tue May 06, 2:38PM CDT
Greenlight Capital founder David Einhorn disclosed he had shorted shares of athenaHealth as part of a basket of technology stocks he believes are indicative of a bubble.
Senate and Stress Test: Another Week With Fannie Mae and Freddie Mac
Alexander MacLennan, The Motley Fool - Motley Fool - Tue May 06, 6:33AM CDT
Action (or in some cases, inaction) continues to surround GSEs Fannie Mae and Freddie Mac and the last week of April proved no exception. The widely expected Senate panel discussion of the Johnson-Crapo bill occurred as senators discussed the...
Ackman Unveils Fannie and Freddie Strategy
at The Street - Mon May 05, 3:35PM CDT
Fannie Mac FNMA and Freddie Mac FMCC shares rallied late Monday after hedge fund investor Bill Ackman detailed his thinking in owning common shares of the mortgage giant at the Ira Sohn Conference and in an interview with CNBC.
Why Fannie (FNMA), Freddie (FMCC) Stock Closed Higher Today
at The Street - Mon May 05, 3:27PM CDT
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) closed up today after activist investor Bill Ackman proposed keeping them.
The Fannie and Freddie Experiment Was a "Total Failure"
David Hanson, The Motley Fool - Motley Fool - Mon May 05, 6:30AM CDT
Despite recent reports suggesting Warren Buffett was open to filling a potential void in the housing finance market if Fannie Mae and Freddie Mac were wound down, Buffett and Charlie Munger all but squashed that notion during the Berkshire...
Congressional Inaction Could Lead to Additional Future Bailouts for Fannie Mae and Freddie Mac
Matthew Frankel, The Motley Fool - Motley Fool - Sun May 04, 11:31AM CDT
To say the future for Fannie Mae and Freddie Mac's shareholders is uncertain would be quite an understatement! The latest news about the possibility of Fannie and Freddie needing another huge bailout if another downturn happened is just...
The Reason Mortgage Rates Could Skyrocket
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Sat May 03, 12:18PM CDT
Mortgage rates have jumped higher over the past year, but they still sit at historical lows . However, that may not be the case for much longer. Politicians on Capitol Hill, both Republicans and Democrats, are discussing a bill that would reduce...
Freddie Mac Prices Fifth Multifamily K Certificates Offering This Year, K-715
Marketwire - Fri May 02, 3:41PM CDT
Freddie Mac (OTCQB: FMCC) today priced a $1.2 billion offering of Structured Pass-Through Certificates (K Certificates) backed primarily by fixed-rate multifamily mortgages with a 7-year term. The K Certificates (K-715 Certificates) are expected to settle on or about May 13, 2014. This is Freddie Mac's fifth K Certificate offering this year.
Fixed Mortgage Rates Continue to Seesaw
Marketwire - Thu May 01, 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 following the release of real GDP estimates for the first quarter.
First Horizon Closes FHFA Lawsuit for $110M - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 30, 4:50PM CDT
First Horizon National Corporation (FHN) ended the legal tussle it was embroiled in since 2011 with the Federal Housing Finance Agency (FHFA), the conservator for Freddie Mac (FMCC) and Fannie Mae (FNMA).
Senate Committee Delays Vote that Could Help Eliminate Freddie and Fannie
ACCESSWIRE - Wed Apr 30, 2:32PM CDT
Senators delayed a committee vote on legislation Apr. 29 that could eliminate Freddie Mac (OTCQB: FNMA) and Fannie Mae (OTCQB: FNMA) and replace them with a new entity.
Freddie Mac to Purchase and Securitize Manufactured Housing Community Loans
Marketwire - Wed Apr 30, 2:31PM CDT
To provide more capital for affordable rural housing, Freddie Mac (OTCQB: FMCC) Multifamily will begin purchasing and securitizing Manufactured Housing Community (MHC) loans. These will be commercial loans made to the community owners who own the land on which the homes reside.
Fannie and Freddie's Shareholders Should Savor Their Latest Victory
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 30, 12:54PM CDT
Fannie Mae and Freddie Mac shareholders breathed a sigh of relief on yesterday as the Senate Banking Committee indefinitely delayed consideration of a bill aimed at overhauling housing finance . Under the bill, both Fannie and Freddie would be...
Low Cash-Out Share, Shorter Terms Point to Equity Build-Up
Marketwire - Wed Apr 30, 12:26PM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its first quarter 2014 quarterly refinance analysis, showing that borrowers will save on net more than $1 billion in interest payments over the coming year as they continue to shorten their payment terms and build equity in their homes.
Freddie Mac Issues Dodd-Frank Stress Test Results
Marketwire - Wed Apr 30, 12:04PM CDT
Freddie Mac (OTCQB: FMCC) today issued the company's stress test results for the severely adverse scenario conducted under FHFA's rule implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act.
What Killed Obama Housing Fix
at The Street - Wed Apr 30, 10:43AM CDT
Housing reform is dead, and Tuesday's delay of a Senate Banking Committee vote on President Obama's favorite piece of housing legislation was only the final nail in the coffin.
