Fannie Mae (FNMA) 4.6000 $FNMA
Mailing Errors Cause Problems for $347M Pool of Home Loans
at The Street - Mon Jun 09, 4:06PM CDT
Fitch Ratings has found that the biggest surge in delinquencies for any pool of U.S. mortgages since the financial crisis, a 3.37% delinquency rate on the Sequoia 2014-1 RMBS, was a result of widespread mailing errors and not homeowners falling...
Consumer Concerns Regarding Economy Slow Housing Activity
PR Newswire - Mon Jun 09, 8:00AM CDT
Americans' concerns about the direction of the economy and their household income appear to be weighing on housing growth, according to results from Fannie Mae's May 2014 National Housing Survey. The share of respondents who still believe the economy is headed in the wrong direction remained at 57 percent last month, and those who said their household income is significantly higher than it was at the same time last year decreased four percentage points to 21 percent. Although respondents' attitudes toward housing have been generally positive during the past few months, their reluctance to enter the home buying or selling market has restrained activity below typical seasonal trends.
U.S. 'Bureaucrats' Want to Know Whether to Let You Buy a Home
at The Street - Sun Jun 08, 7:00AM CDT
The Federal Housing Finance Agency, overseer of Fannie Mae and Freddie Mac, has asked the public for input regarding the fees those government sponsored entities charge to lenders.
BofA to Pay $12B to Settle Mortgage Issues? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 06, 2:20PM CDT
Bank of America (BAC) is in talks with the DOJ and many states to pay at least $12 billion, in a bid to settle several litigations and probes related to its pre-crisis mortgage practices.
Bank of America's Latest Legal Tab Would Be Cheap at $12B
at The Street - Fri Jun 06, 8:52AM CDT
Bank of America's last big mortgage dispute with regulators now has a number on it: $12 billion.
What Does Another Billionaire Mean for Fannie Mae and Freddie Mac?
Alexander MacLennan, The Motley Fool - Motley Fool - Thu Jun 05, 2:25PM CDT
Investors in Fannie Mae and Freddie Mac are no doubt familiar with the lineup of big money investors who have brought their cash to play in backing their positions in the GSEs. Now, Carl Icahn has joined the group with important implications...
Why Did Carl Icahn Buy Into Fannie Mae and Freddie Mac?
Matthew Frankel, The Motley Fool - Motley Fool - Wed Jun 04, 4:07PM CDT
Joining the ranks of hedge fund managers Bruce Berkowitz and Bill Ackman, activist investor Carl Icahn has bought a $50 million stake in Fannie Mae and Freddie Mac . While it's definitely exciting to see what companies the "whales" are...
Carl Icahn Buys $50M in Fannie, Freddie Stock - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 04, 11:40AM CDT
According to a court document released by The Wall Street Journal and CNBC on Tuesday, Carl Icahn jumped on the bandwagon of investors who hold stakes in government sponsored enterprises (GSEs) ??? Fannie Mae (FNMA) and Freddie Mac (FMCC).
The Icahn Indicator: Are Fannie Mae and Freddie Mac Worth a Revisit?
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Wed Jun 04, 9:23AM CDT
U.S. stocks are slightly off Monday's record high this morning, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average down 0.08% and 0.17%, respectively, at 10:20 a.m. EDT. Perhaps the dip reflects traders' disappointment...
This Week's Biggest News About Fannie Mae and Freddie Mac Came From the Courts
Patrick Morris, The Motley Fool - Motley Fool - Wed Jun 04, 8:11AM CDT
Fannie Mae and Freddie Mac grabbed the headlines this week. However, the news didn't come from Congress, but the courts. Activist investor dives in as one unloads After its latest SEC filing, we learned that well-known Fairholme Capital...
'Fast Money' Recap: Driving With the Automakers
at The Street - Wed Jun 04, 4:00AM CDT
The trading panel discussed U.S. auto sales, Fannie Mae and whether MySpace is still relevant.
The 3 Paths for Fannie Mae and Freddie Mac's Future
Matt Koppenheffer, The Motley Fool - Motley Fool - Tue Jun 03, 8:31PM CDT
Fannie Mae and Freddie Mac continue to baffle investors: On the one hand, these are huge, profitable companies holding significant value. On the other, the federal government still holds a claim to all of their profits, one it acquired during the...
Fannie, Freddie Sued by Massachusetts AG - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 03, 1:40PM CDT
The AG of Massachusetts, Martha Coakley has sued Fannie (FNMA) and Freddie (FMCC) for violating state anti-foreclosure law.
Why Fannie Mae (FNMA), Freddie Mac (FMCC) Stock Are Higher Today
at The Street - Tue Jun 03, 12:23PM CDT
Carl Icahn bought 6.8 million shares of Fannie and 5.7 million shares of Freddie from Bruce Berkowitz's Fairholme Capital Management LLC, according to court documents.
Icahn Takes on Obama in Fight Over Fannie Mae
at The Street - Tue Jun 03, 10:26AM CDT
Carl Icahn is the latest big name investor to wager on shares of Fannie Mae, according to court documents made available Monday.
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...
Mailing Errors Cause Problems for $347M Pool of Home Loans
at The Street - Mon Jun 09, 4:06PM CDT
Fitch Ratings has found that the biggest surge in delinquencies for any pool of U.S. mortgages since the financial crisis, a 3.37% delinquency rate on the Sequoia 2014-1 RMBS, was a result of widespread mailing errors and not homeowners falling...
Consumer Concerns Regarding Economy Slow Housing Activity
PR Newswire - Mon Jun 09, 8:00AM CDT
Americans' concerns about the direction of the economy and their household income appear to be weighing on housing growth, according to results from Fannie Mae's May 2014 National Housing Survey. The share of respondents who still believe the economy is headed in the wrong direction remained at 57 percent last month, and those who said their household income is significantly higher than it was at the same time last year decreased four percentage points to 21 percent. Although respondents' attitudes toward housing have been generally positive during the past few months, their reluctance to enter the home buying or selling market has restrained activity below typical seasonal trends.
U.S. 'Bureaucrats' Want to Know Whether to Let You Buy a Home
at The Street - Sun Jun 08, 7:00AM CDT
The Federal Housing Finance Agency, overseer of Fannie Mae and Freddie Mac, has asked the public for input regarding the fees those government sponsored entities charge to lenders.
BofA to Pay $12B to Settle Mortgage Issues? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 06, 2:20PM CDT
Bank of America (BAC) is in talks with the DOJ and many states to pay at least $12 billion, in a bid to settle several litigations and probes related to its pre-crisis mortgage practices.
Bank of America's Latest Legal Tab Would Be Cheap at $12B
at The Street - Fri Jun 06, 8:52AM CDT
Bank of America's last big mortgage dispute with regulators now has a number on it: $12 billion.
What Does Another Billionaire Mean for Fannie Mae and Freddie Mac?
Alexander MacLennan, The Motley Fool - Motley Fool - Thu Jun 05, 2:25PM CDT
Investors in Fannie Mae and Freddie Mac are no doubt familiar with the lineup of big money investors who have brought their cash to play in backing their positions in the GSEs. Now, Carl Icahn has joined the group with important implications...
Why Did Carl Icahn Buy Into Fannie Mae and Freddie Mac?
Matthew Frankel, The Motley Fool - Motley Fool - Wed Jun 04, 4:07PM CDT
Joining the ranks of hedge fund managers Bruce Berkowitz and Bill Ackman, activist investor Carl Icahn has bought a $50 million stake in Fannie Mae and Freddie Mac . While it's definitely exciting to see what companies the "whales" are...
Carl Icahn Buys $50M in Fannie, Freddie Stock - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 04, 11:40AM CDT
According to a court document released by The Wall Street Journal and CNBC on Tuesday, Carl Icahn jumped on the bandwagon of investors who hold stakes in government sponsored enterprises (GSEs) ??? Fannie Mae (FNMA) and Freddie Mac (FMCC).
The Icahn Indicator: Are Fannie Mae and Freddie Mac Worth a Revisit?
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Wed Jun 04, 9:23AM CDT
U.S. stocks are slightly off Monday's record high this morning, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average down 0.08% and 0.17%, respectively, at 10:20 a.m. EDT. Perhaps the dip reflects traders' disappointment...
This Week's Biggest News About Fannie Mae and Freddie Mac Came From the Courts
Patrick Morris, The Motley Fool - Motley Fool - Wed Jun 04, 8:11AM CDT
Fannie Mae and Freddie Mac grabbed the headlines this week. However, the news didn't come from Congress, but the courts. Activist investor dives in as one unloads After its latest SEC filing, we learned that well-known Fairholme Capital...
'Fast Money' Recap: Driving With the Automakers
at The Street - Wed Jun 04, 4:00AM CDT
The trading panel discussed U.S. auto sales, Fannie Mae and whether MySpace is still relevant.
The 3 Paths for Fannie Mae and Freddie Mac's Future
Matt Koppenheffer, The Motley Fool - Motley Fool - Tue Jun 03, 8:31PM CDT
Fannie Mae and Freddie Mac continue to baffle investors: On the one hand, these are huge, profitable companies holding significant value. On the other, the federal government still holds a claim to all of their profits, one it acquired during the...
Fannie, Freddie Sued by Massachusetts AG - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 03, 1:40PM CDT
The AG of Massachusetts, Martha Coakley has sued Fannie (FNMA) and Freddie (FMCC) for violating state anti-foreclosure law.
Why Fannie Mae (FNMA), Freddie Mac (FMCC) Stock Are Higher Today
at The Street - Tue Jun 03, 12:23PM CDT
Carl Icahn bought 6.8 million shares of Fannie and 5.7 million shares of Freddie from Bruce Berkowitz's Fairholme Capital Management LLC, according to court documents.
Icahn Takes on Obama in Fight Over Fannie Mae
at The Street - Tue Jun 03, 10:26AM CDT
Carl Icahn is the latest big name investor to wager on shares of Fannie Mae, according to court documents made available Monday.
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...
