FNMA News Wednesday, June 25, 2014 5:16:04 PM $FNMA
Fannie Mae and Freddie Mac Have Friends in High Places, But Can They Keep Your Shares Afloat?
Jessica Alling, The Motley Fool - Motley Fool - Wed Jun 25, 11:47AM CDT
With nearly half of the year already behind us, Fannie Mae and Freddie Mac , shareholders have certainly had their fair share of ups and downs -- what has driven this performance and are shares good enough for your money? Volatility abound ...
Why Fannie Mae (FNMA) Stock, Freddie Mac (FMCC) Stock Are Higher Today
at The Street - Wed Jun 25, 9:22AM CDT
The regulator of Fannie Mae (FNMA) and Freddie Mac (FMCC) will consider suing insurers who charged excessive fees for hazard coverage paid by the two government-owned mortgage companies.
1 Thing Every Fannie Mae and Freddie Mac Shareholder Needs to See
Patrick Morris, The Motley Fool - Motley Fool - Tue Jun 24, 7:53AM CDT
Countless investors think the future of Fannie Mae and Freddie Mac is bright, but one government official wants you to know just the opposite is the case. Under Secretary for Domestic Finance Mary Miller. The powerful remarks At a...
Rough First Quarter Reduces 2014 Economic Growth Expectations
PR Newswire - Tue Jun 24, 7:00AM CDT
Economic activity contracted in the first quarter of 2014, weakening the odds that full-year growth will top last year's pace, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research Group. The reversal of an unsustainable buildup in inventory investment subtracted 1.6 percentage points from GDP in the first quarter, compared to the initially reported 0.6 percentage point drag. Additionally, disruptive weather and a rare drop in real exports also weighed on growth. Although incoming data show a pickup in activity heading into the current quarter, any strength during the remainder of the year is not expected to be enough to overcome the weakness in the first quarter. For all of 2014, the Group forecasts economic growth of 2.1 percent - one-half a percentage point below the 2013 pace.
RBS, FHFA Reach $99.5M MBS Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 20, 3:05PM CDT
RBS has reached a settlement with the Federal Housing Finance Agency (FHFA).
Fannie Mae Prices $1.02 Billion Multifamily DUS REMIC (FNA 2014-M6) Under Its Fannie Mae GeMS(TM) Program
PR Newswire - Fri Jun 20, 9:06AM CDT
Fannie Mae (OTC Bulletin Board: FNMA) priced its sixth Multifamily DUS® REMIC in 2014 totaling $1.02 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on June 12, 2014.
Why Hasn't the Fed Taper Sent Mortgage Rates Soaring?
Dan Caplinger, The Motley Fool - Motley Fool - Thu Jun 19, 11:01AM CDT
Mortgage rates play a key role in making houses affordable for would-be homebuyers, as the lower mortgage rates are, the lower monthly payments will be on any loan amount. Yet as the Federal Reserve has continued along its yearlong path of winding...
SunTrust in $968M Settlement with U.S. Regulatory Authorities - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 18, 4:45PM CDT
SunTrust Banks, Inc. (STI) recently finalized a settlement with the U.S. Department of Housing and Urban Development and the DOJ worth $968 million.
Buying Fannie Mae and Freddie Mac Preferred Shares Isn't Investing - It's Gambling
Matthew Frankel, The Motley Fool - Motley Fool - Tue Jun 17, 5:00AM CDT
Fannie Mae and Freddie Mac are two of the most interesting stocks in the market right now. Both companies have become profitable again, and shares are up more than tenfold over the past year and a half, despite the lingering threat of...
This Billionaire's Case For Saving Fannie Mae and Freddie Mac
Wayne Duggan, The Motley Fool - Motley Fool - Sat Jun 14, 12:00PM CDT
Flickr / insider_monkey. After researching a recent article I wrote on the aftermath of the financial crisis, I decided to dig deeper into the story that Bill Ackman (rockstar hedge fund manager, CEO of Pershing Square Capital, and...
3 Reasons Mortgage Rate Trends Aren't Your Friend Right Now
Dan Caplinger, The Motley Fool - Motley Fool - Thu Jun 12, 1:10PM CDT
Source: 401(K) 2012 . One of the most important factors when you're planning to buy a home is what mortgage rate you'll have to pay to get a home loan. Over the past several years, home buyers have benefited from some of the lowest mortgage rates...
1 Reason to Be Happy About Fannie Mae and Freddie Mac's Big About-Face -- Whether You're an Sharehol
Jessica Alling, The Motley Fool - Motley Fool - Thu Jun 12, 8:31AM CDT
Within the last few weeks, a sustained buzz surrounding new changes at the Federal Housing Finance Agency, Fannie Mae and Freddie Mac 's conservator, have investors optimistic about the future of the two government sponsored entities (GSEs). ...
Fannie Mae and Freddie Mac: Then and Now
Wayne Duggan, The Motley Fool - Motley Fool - Wed Jun 11, 9:08AM CDT
I recently wrote an article in which I analyzed insurance giant AIG . There was something about telling the story of AIG that gave me a sense of nostalgia for the good ole days of 2008 and 2009 when the economy was in a tailspin, the Dow Jones was...
Inside Fannie Mae and Freddie Mac’s Billion-Dollar Machine
Jordan Wathen, The Motley Fool - Motley Fool - Tue Jun 10, 11:10AM CDT
Often relegated to the pile of "financial blackboxes" among investors, Fannie Mae and Freddie Mac are incredibly profitable. But new changes coming down the pipeline could lead to even fatter bottom lines. Fannie and Freddie's bread and...
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...
Fannie Mae and Freddie Mac Have Friends in High Places, But Can They Keep Your Shares Afloat?
Jessica Alling, The Motley Fool - Motley Fool - Wed Jun 25, 11:47AM CDT
With nearly half of the year already behind us, Fannie Mae and Freddie Mac , shareholders have certainly had their fair share of ups and downs -- what has driven this performance and are shares good enough for your money? Volatility abound ...
Why Fannie Mae (FNMA) Stock, Freddie Mac (FMCC) Stock Are Higher Today
at The Street - Wed Jun 25, 9:22AM CDT
The regulator of Fannie Mae (FNMA) and Freddie Mac (FMCC) will consider suing insurers who charged excessive fees for hazard coverage paid by the two government-owned mortgage companies.
1 Thing Every Fannie Mae and Freddie Mac Shareholder Needs to See
Patrick Morris, The Motley Fool - Motley Fool - Tue Jun 24, 7:53AM CDT
Countless investors think the future of Fannie Mae and Freddie Mac is bright, but one government official wants you to know just the opposite is the case. Under Secretary for Domestic Finance Mary Miller. The powerful remarks At a...
Rough First Quarter Reduces 2014 Economic Growth Expectations
PR Newswire - Tue Jun 24, 7:00AM CDT
Economic activity contracted in the first quarter of 2014, weakening the odds that full-year growth will top last year's pace, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research Group. The reversal of an unsustainable buildup in inventory investment subtracted 1.6 percentage points from GDP in the first quarter, compared to the initially reported 0.6 percentage point drag. Additionally, disruptive weather and a rare drop in real exports also weighed on growth. Although incoming data show a pickup in activity heading into the current quarter, any strength during the remainder of the year is not expected to be enough to overcome the weakness in the first quarter. For all of 2014, the Group forecasts economic growth of 2.1 percent - one-half a percentage point below the 2013 pace.
RBS, FHFA Reach $99.5M MBS Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 20, 3:05PM CDT
RBS has reached a settlement with the Federal Housing Finance Agency (FHFA).
Fannie Mae Prices $1.02 Billion Multifamily DUS REMIC (FNA 2014-M6) Under Its Fannie Mae GeMS(TM) Program
PR Newswire - Fri Jun 20, 9:06AM CDT
Fannie Mae (OTC Bulletin Board: FNMA) priced its sixth Multifamily DUS® REMIC in 2014 totaling $1.02 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on June 12, 2014.
Why Hasn't the Fed Taper Sent Mortgage Rates Soaring?
Dan Caplinger, The Motley Fool - Motley Fool - Thu Jun 19, 11:01AM CDT
Mortgage rates play a key role in making houses affordable for would-be homebuyers, as the lower mortgage rates are, the lower monthly payments will be on any loan amount. Yet as the Federal Reserve has continued along its yearlong path of winding...
SunTrust in $968M Settlement with U.S. Regulatory Authorities - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 18, 4:45PM CDT
SunTrust Banks, Inc. (STI) recently finalized a settlement with the U.S. Department of Housing and Urban Development and the DOJ worth $968 million.
Buying Fannie Mae and Freddie Mac Preferred Shares Isn't Investing - It's Gambling
Matthew Frankel, The Motley Fool - Motley Fool - Tue Jun 17, 5:00AM CDT
Fannie Mae and Freddie Mac are two of the most interesting stocks in the market right now. Both companies have become profitable again, and shares are up more than tenfold over the past year and a half, despite the lingering threat of...
This Billionaire's Case For Saving Fannie Mae and Freddie Mac
Wayne Duggan, The Motley Fool - Motley Fool - Sat Jun 14, 12:00PM CDT
Flickr / insider_monkey. After researching a recent article I wrote on the aftermath of the financial crisis, I decided to dig deeper into the story that Bill Ackman (rockstar hedge fund manager, CEO of Pershing Square Capital, and...
3 Reasons Mortgage Rate Trends Aren't Your Friend Right Now
Dan Caplinger, The Motley Fool - Motley Fool - Thu Jun 12, 1:10PM CDT
Source: 401(K) 2012 . One of the most important factors when you're planning to buy a home is what mortgage rate you'll have to pay to get a home loan. Over the past several years, home buyers have benefited from some of the lowest mortgage rates...
1 Reason to Be Happy About Fannie Mae and Freddie Mac's Big About-Face -- Whether You're an Sharehol
Jessica Alling, The Motley Fool - Motley Fool - Thu Jun 12, 8:31AM CDT
Within the last few weeks, a sustained buzz surrounding new changes at the Federal Housing Finance Agency, Fannie Mae and Freddie Mac 's conservator, have investors optimistic about the future of the two government sponsored entities (GSEs). ...
Fannie Mae and Freddie Mac: Then and Now
Wayne Duggan, The Motley Fool - Motley Fool - Wed Jun 11, 9:08AM CDT
I recently wrote an article in which I analyzed insurance giant AIG . There was something about telling the story of AIG that gave me a sense of nostalgia for the good ole days of 2008 and 2009 when the economy was in a tailspin, the Dow Jones was...
Inside Fannie Mae and Freddie Mac’s Billion-Dollar Machine
Jordan Wathen, The Motley Fool - Motley Fool - Tue Jun 10, 11:10AM CDT
Often relegated to the pile of "financial blackboxes" among investors, Fannie Mae and Freddie Mac are incredibly profitable. But new changes coming down the pipeline could lead to even fatter bottom lines. Fannie and Freddie's bread and...
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...
