FNMA News 4.2650 Thursday, May 15, 2014 9:51:16 PM
Post# of 1629
Fannie and Freddie 'Must Be Wound Down': Treasury Official
at The Street - Wed May 14, 2:16PM CDT
Fannie Mae and Freddie Mac 'must be wound down,' according to a Treasury official who cited widespread agreement for such an outcome even though most observers believe proposed legislation to accomplish that goal will die in the Senate.
Fannie, Freddie Soar on FHFA Action - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 14, 2:06PM CDT
On Tuesday, shares of two government sponsored enterprises (GSEs) -- Fannie Mae (FNMA) and Freddie Mac (FMCC) -- jumped 7.78% and 6.90%, respectively.
Why Freddie (FMCC), Fannie (FNMA) Stock Continue to Gain
at The Street - Wed May 14, 10:36AM CDT
Shares of Freddie Mac (FMCC) and Fannie Mae (FNMA) are higher today as " the Obama administration and federal regulators reverse course on some of the biggest post-crisis efforts to tighten mortgage-lending standards amid concern they could snuff out...
What You Missed About the Future of Fannie Mae and Freddie Mac
Patrick Morris, The Motley Fool - Motley Fool - Wed May 14, 7:45AM CDT
Fannie Mae and Freddie Mac saw their stocks skyrocket following a recent speech about their future. But a look beyond the headlines reveals a surprisingly different reality. Source: Flickr / NCDOTcommunications. The big news In a ...
Why Freddie (FMCC), Fannie (FNMA) Stock Closed Higher Today
at The Street - Tue May 13, 3:32PM CDT
Shares of Freddie Mac (FMCC) and Fannie Mae (FNMA) were up today following a speech by Mel Watt, director of the Federal Housing Finance Agency that oversees Fannie and Freddie, in which he said the firms will shift their focus toward making more...
Fannie and Freddie Shares Rise As FHFA's Watt Signals Policy Shift
at The Street - Tue May 13, 10:49AM CDT
Fannie Mae and Freddie Mac common and preferred shares were higher Tuesday following a speech by Federal Housing Finance Authority Director Mel Watt.
Why Freddie (FMCC), Fannie (FNMA) Stock Are Soaring Today
at The Street - Tue May 13, 10:12AM CDT
Shares of Freddie Mac (FMCC) and Fannie Mae (FNMA) are higher after Mel Watt, director of the Federal Housing Finance Agency, offered clear signs of a shift in direction at the agency, which controls both, saying they will shift their focus toward...
Fannie and Freddie Policy Shift May Ease Mortgage Credit
at The Street - Tue May 13, 8:41AM CDT
Fannie Mae and Freddie Mac are easing up on the standards that must be met for banks to avoid future legal claims, a move aimed at making it easier for people to get a mortgage.
Would This Wipe Fannie Mae and Freddie Mac Shareholders Out?
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Tue May 13, 6:34AM CDT
Despite legislative efforts to enact sweeping change when it comes to Fannie Mae and Freddie Mac , many observers and investors believe the status quo is the most likely scenario for the foreseeable future. Given the low likelihood of reform, some...
The Craziness Continues for Fannie Mae and Freddie Mac
Patrick Morris, The Motley Fool - Motley Fool - Mon May 12, 11:06AM CDT
Another week is in the books. And the same story continued of news good, bad, and ugly for Fannie Mae , Freddie Mac and their shareholders. Source: Flickr / Future Atlas. The good On Thursday, May 8, investors learned the dollars...
Fannie and Freddie Accounting Disaster Here to Stay
at The Street - Mon May 12, 8:55AM CDT
Whatever you think about Fannie Mae and Freddie Mac, there can be little honest disagreement that the government-run mortgage giants are serial accounting offenders.
The 3 Best Ideas From Today's Most Prominent Investors
Alexander MacLennan, The Motley Fool - Motley Fool - Sun May 11, 10:29AM CDT
On May 5, top fund managers gathered for the annual Ira Sohn Conference and discussed some of their top investment ideas for 2014 and beyond. While its still best to do your own research and not rely on fund managers to make picks for you, taking at...
Settlement Fee Drives Fannie Mae Q1 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 09, 1:10PM CDT
Federal National Mortgage Association (FNMA) or Fannie Mae reported its first-quarter 2014 net income of $5.3 billion, down significantly from $58.7 billion earned in the prior-year quarter.
Talks Break Down Between Lawmakers And Democrats About Fannie and Freddie
ACCESSWIRE - Fri May 09, 10:27AM CDT
Talks between lawmakers on the Senate Banking Committee and a group of democrats seen as the key swing votes to advance an overhaul of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) broke down, furthering the idea that the bill won't get past the committee this year.
Freddie Mac Posts Q1 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 09, 10:00AM CDT
Federal Home Loan Mortgage Corporation (FMCC) or Freddie Mac's first-quarter 2014 results had a minimal effect on its share price. Though the company reflected the 10th consecutive quarter of positive earnings, net income of $4.0 billion was below the prior-quarter earnings of $8.6 billion.
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.
Fannie Mae Reports Net Income of $5.3 Billion and Comprehensive Income of $5.7 Billion for First Quarter 2014
PR Newswire - Thu May 08, 6:27AM CDT
Fannie Mae (OTC Bulletin Board: FNMA) today reported its first quarter 2014 results and filed its quarterly report on Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the first quarter of 2014. The following documents are now available on Fannie Mae's Web site at www.fanniemae.com:
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.
Consumer Optimism Toward Housing Continues Gradual Climb Amid Easing Employment Concerns
PR Newswire - Wed May 07, 8:00AM CDT
Americans' outlook toward the housing market continued to improve in April, perhaps foreshadowing an increase in housing activity in the coming months, according to results from Fannie Mae's April 2014 National Housing Survey. The share of respondents who believe now is a good time to sell a home increased for the third consecutive month to an all-time high of 42 percent, an encouraging sign since many potential homebuyers will need to sell a home before entering the purchase market. In addition, the share of respondents who say now is a good time to buy a home remained steady at 69 percent following a gradual climb since the beginning of the year. Notably, although consumers remain generally split regarding their ability to get a mortgage, fewer respondents are concerned about losing their job - which may encourage potential homebuyers to enter the market.
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.