This Ugly Mortgage Lending Practice Gets a Public Airing
Amanda Alix, The Motley Fool - Motley Fool - Sun Jun 01, 11:00AM CDT
Photo: Michael Gäbler When the Mortgage Bankers Association President David H. Stevens told an audience recently that 56% of American blacks who applied for a conventional mortgage in 2012 were denied, he set off a firestorm. Shortly...
Fannie and Freddie Could Ease Mortgage Restrictions
Marcie Geffner, The Motley Fool - Motley Fool - Sat May 31, 5:00AM CDT
Homebuyers and sellers might want to take note of remarks Melvin L. Watt delivered at a recent mortgage industry forum. Watt is the director of the Federal Housing Finance Agency (FHFA), which is the conservator and regulator of Fannie Mae and ...
Fannie Mae Releases April 2014 Monthly Summary
PR Newswire - Fri May 30, 3:00PM CDT
Fannie Mae's (OTC Bulletin Board: FNMA) April 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.
1 Huge Factor Impacting the Future of Annaly Capital Management, Inc.
Amanda Alix, The Motley Fool - Motley Fool - Thu May 29, 7:46AM CDT
Wellington Denahan, CEO of Annaly Capital Management, , recently spoke with REIT.com about the future role of mortgage REITs – particularly in regards to the winding down of Fannie Mae and Freddie Mac . She believes mREITs are poised to take...
4 Companies Investors Gave Up for Dead That Still Exist
Alexander MacLennan, The Motley Fool - Motley Fool - Tue May 27, 11:50AM CDT
Photo source: Flickr The 2008 financial crisis extracted a great toll on some of the world's largest institutions. In the dark days of late 2008 and early 2009, everyone from active investors to those with no investments at all watched to see...
Breakfast News: Cisco Systems, Federal National Mortgage Assctn Fnni, Twitter Inc, Brocade Communications Systems
ACCESSWIRE - Tue May 27, 8:05AM CDT
NEW YORK / ACCESSWIRE / May 27, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for Cisco Systems, Federal National Mortgage Assctn Fnni, Twitter Inc, Brocade Communications Systems
At Fannie Mae and Freddie Mac, Investors Get the Cold Shoulder
Amanda Alix, The Motley Fool - Motley Fool - Sun May 25, 12:00PM CDT
Source: Flickr / rottnapples. If you thought that mortgage giants Fannie Mae and Freddie Mac were on their way to oblivion, think again. The new head of the Federal Housing Finance Agency, Mel Watt, has decided that expanding mortgage credit...
These 2 Companies Made a $10.2 Billion Profit, But Investors Won’t See a Dime
Matthew Frankel, The Motley Fool - Motley Fool - Sun May 25, 9:00AM CDT
Fannie Mae and Freddie Mac earned a very impressive profit of about $10.2 billion in the first quarter of 2014. Thanks to their bailout arrangement, 100% of this amount goes straight into the pockets of the U.S. Treasury. While the Treasury...
Opening Stocks Buzz: Hewlett-Packard Company, Federal National Mortgage Assctn Fnni, Microsoft Corporation, American Realty Capital Properties
ACCESSWIRE - Fri May 23, 9:01AM CDT
NEW YORK / ACCESSWIRE / May 23, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for Hewlett-Packard Company, Federal National Mortgage Assctn Fnni, Microsoft Corporation, American Realty Capital Properties
1 Billionaire Weighs in Again on Fannie Mae and Freddie Mac
Patrick Morris, The Motley Fool - Motley Fool - Fri May 23, 5:11AM CDT
Warren Buffett at Berkshire Hathaway has once again provided a unique and critical insight into what he believes is best for government-sponsored mortgage enterprises Fannie Mae and Freddie Mac . At the latest...
Wells Fargo Looks to Benefit From Fannie Freddie and the Fed
at The Street - Thu May 22, 11:46AM CDT
Wells Fargo is 'best positioned of any bank' to benefit from sooner-than-expected tightening of monetary policy by the Federal Reserve and 'a renewed desire by the government to aid housing,' argues Rafferty Capital Markets analyst Dick Bove in a...
Warren Buffett Makes a Lesson of Fannie Mae and Freddie Mac
Jordan Wathen, The Motley Fool - Motley Fool - Thu May 22, 8:26AM CDT
Warren Buffett had some choice words for Fannie Mae and Freddie Mac shareholders at Berkshire Hathaway 's latest annual meeting. It wasn't his typical style. Buffett usually refrains from naming names, but on the topic of preferred stock,...
Billions More in Mortgage Penalties Coming: Federal Regulator
at The Street - Wed May 21, 2:23PM CDT
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...