FNMA News Wednesday, May 21, 2014 4:08:20 PM

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FNMA News Wednesday, May 21, 2014 4:08:20 PM $FNMA

Billions More in Mortgage Penalties Coming: Federal Regulator
at The Street - 1 hr 44 mins ago
A working group of federal and state authorities responsible for extracting a $13 billion settlement from JPMorgan Chase late last year over abuses tied to mortgage bonds still has 'more than a dozen ongoing investigations,' which will lead to...

Breakfast News: Federal National Mortgage Assctn Fnni Me, Cisco Systems, Microsoft Corporation, Federal Home Loan Mortgage Corp
ACCESSWIRE - Wed May 21, 8:28AM CDT
NEW YORK / ACCESSWIRE / May 21, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for Federal National Mortgage Assctn Fnni Me, Cisco Systems, Microsoft Corporation, Federal Home Loan Mortgage Corp.

Economy Appears to Gain Strength After Flat First Quarter
PR Newswire - Wed May 21, 8:00AM CDT
After stalling out in the first quarter of the year, recent indicators suggest the economy is poised for a pick-up in growth in the second quarter of 2014, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research Group. March data revealed positive consumer spending in both goods and services, helping set up a trajectory for more solid spending growth in the current quarter. April auto sales marked the second consecutive month of at least 16 million annualized units - the first time since 2007. The outlook for business capital spending also has improved, with core capital goods orders jumping 3.5 percent in March to the highest nominal reading on record. Additionally, the upbeat April jobs report showed a pickup in hiring at the fastest pace in more than two years, further signaling that the economy is gathering speed.

Fannie, Freddie Bull Ackman Steers Clear of D.C. Fight
at The Street - Tue May 20, 10:46AM CDT
Bill Ackman has convinced politicians to aid him in his short bet against Herbalife, but he won't lobby Washington on Fannie and Freddie.

Why I Bought Shares of Fannie Mae and Freddie Mac
Alexander MacLennan, The Motley Fool - Motley Fool - Tue May 20, 7:00AM CDT
This article is part of a series of articles that looks at  Fannie Mae    and  Freddie Mac    from an investment perspective. To  read the full analysis,  click here . Until solid profits started to show at Fannie and Freddie, the common...

Should You Buy Preferred Shares of Fannie Mae and Freddie Mac?
Alexander MacLennan, The Motley Fool - Motley Fool - Mon May 19, 7:00AM CDT
This article is part of a series of articles that looks at  Fannie Mae    and  Freddie Mac    from an investment perspective. To  read the full analysis,  click here . Before the crisis, preferred stock in Fannie Mae and Freddie Mac was seen...

The Most Important Thing for Fannie Mae and Freddie Mac Investors
Alexander MacLennan, The Motley Fool - Motley Fool - Sun May 18, 7:00AM CDT
This article is part of a series of articles that looks at  Fannie Mae    and  Freddie Mac    from an investment perspective. To  read the full analysis,  click here . The most important developments for Fannie and Freddie shareholders will...

Will Politicians Crush Fannie Mae and Freddie Mac?
Alexander MacLennan, The Motley Fool - Motley Fool - Sat May 17, 6:00AM CDT
This article is part of a series of articles that looks at  Fannie Mae    and  Freddie Mac    from an investment perspective. To  read the full analysis,  click here . It's not often that both sides of Congress agree on something, but in this...

Credit Suisse to Settle Tax Probe? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 16, 4:40PM CDT
Credit Suisse Group AG (CS) may shell out around $2.5 billion as settlement charges and is expected to plead guilty related to an ongoing tax probe by the United States Department of Justice (OJ).

Fannie Mae Prices $1.24 Billion Multifamily DUS REMIC (FNA 2014-M5) Under Its Fannie Mae GeMS Program
PR Newswire - Fri May 16, 2:37PM CDT
Fannie Mae (OTC Bulletin Board: FNMA) priced its fifth Multifamily DUS® REMIC in 2014 totaling $1.24 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS(TM)) program on May 9, 2014.

Fannie, Freddie Down on Closure Bill - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 16, 1:43PM CDT
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) were down 7.5% and 8.0% respectively on Thursday, following the passage of the bill to shut them down. The Senate Banking Committee approved the bill supporting elimination of these two GSEs.

Why Are Shares of Fannie Mae and Freddie Mac Hanging in Limbo?
Alexander MacLennan, The Motley Fool - Motley Fool - Fri May 16, 7:00AM CDT
This article is part of a series of articles that looks at Fannie Mae    and  Freddie Mac   from an investment perspective. To  read the full analysis, click here . Just a few years ago, most investors and many members of the public had...

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.

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