3 Reasons the United States Should Keep Fannie Mae and Freddie Mac
Matthew Frankel, The Motley Fool - Motley Fool - Thu Jul 10, 11:08AM CDT
The decision of whether or not to keep Fannie Mae and Freddie Mac around has been a topic of intense debate lately. www.futureatlas.com On one hand, we have a group in the Senate that wants to wind down Fannie and Freddie over a period...
OTC Stocks Trading News: Fannie Mae, Immune Pharmaceuticals, Inc. Cannabis Sativa, Inc. United Cannabis Corp, Cynk Technology Corp.
PR Newswire Europe - Thu Jul 10, 7:01AM CDT
LONDON, July 10, 2014 /PRNewswire/ --
SunTrust to Settle HAMP Charges for $320 Million - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 07, 11:40AM CDT
SunTrust (STI) has announced the resolution of the allegations of misleading customers seeking loan modifications under the HAMP. The settlement requires SunTrust to pay up to $320 million.
Americans' Attitudes Toward the Housing Market Reflect Steady but Slow Recovery, "Normal" Housing Levels Still a Ways Off
PR Newswire - Mon Jul 07, 8:00AM CDT
Consumer confidence in the housing market has trended upward significantly during the recovery but continues to be less than needed to return to "normal" housing levels, according to results from Fannie Mae's June 2014 National Housing Survey. On average, consumers' 12-month home price change expectation remained in positive territory in June at 2.4 percent but dipped slightly from the previous few months, likely in response to a lackluster housing picture in the first half of the year. Additionally, the share of respondents who expect mortgage rates to go up in the next year increased six percentage points to 55 percent in June following a gradual decrease since February. While consumers appear positive overall and are trending in that direction, some survey and market indicators reflect a more subdued housing market, underscoring that the recovery continues but is not yet robust.
Struggling With Your Mortgage? Fannie Mae and Freddie Mac Could Help You Keep Your Home
Matthew Frankel, The Motley Fool - Motley Fool - Sun Jul 06, 11:00AM CDT
More than five years after the mortgage crisis hit, there are still millions of homeowners who are struggling to stay in their homes. Foreclosures have dropped considerably, but are still popping on the market a lot more than they should. If you're...
A GOP Vision of Health Reform From a Bush (but Not That Bush)
at The Street - Sun Jul 06, 11:00AM CDT
The former president's cousin says freer markets can cut health care costs and create great companies. The core of the Bush prescription is radically more competition in health care.
Could Fannie and Freddie Be High-Growth Investments Again?
at The Street - Thu Jul 03, 1:27PM CDT
If Carl Icahn is involved, the answer is likely yes.
HSBC to Pay $10M for Over-charging Foreclosure Fees - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 02, 3:00PM CDT
Foreclosure-related malpractices continue to haunt HSBC Holdings plc (HSBC).
ADP Jobs Number Is Boffo -- Here's What It Means for the Economy
at The Street - Wed Jul 02, 9:48AM CDT
Construction is cooking -- and so is the private economy. Even manufacturing is helping. Government employment may be the last barrier to sub-6% unemployment.
Should The U.S. Keep Fannie Mae And Freddie Mac Alive?
Matthew Frankel, The Motley Fool - Motley Fool - Tue Jul 01, 5:00AM CDT
Efforts to wind down Fannie Mae and Freddie Mac and to reform the housing finance system have been under way in the U.S. Senate Banking Committee for some time now. www.futureatlas.com Whether the potential elimination of Fannie and...
Fannie Mae Releases May 2014 Monthly Summary
PR Newswire - Mon Jun 30, 3:03PM CDT
Fannie Mae's (OTC Bulletin Board: FNMA) May 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.
Major Regional Banks Stock Roundup: FHFA Lawsuit, Citigroup & BofA Restructuring in Headlines - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 27, 12:34PM CDT
Though litigation concerns dominated the sector in the last five trading days, the pessimism was somewhat offset by the restructuring and streamlining initiatives announced by some major regional banks.
Why Shares of Fannie Mae and Freddie Mac Are Almost 30% Higher in 2014
Kingkarn Amjaroen, The Motley Fool - Motley Fool - Fri Jun 27, 6:00AM CDT
Source: Wikimedia Commons: Fannie Mae headquarters So, what's it gonna be: Are Fannie Mae and Freddie Mac on the brink of being wound down or are they going to continue to be valid pillars of the U.S. mortgage finance system? ...
FHFA to Sue Banks for Over-charging Insurance Fees? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 26, 2:45PM CDT
The FHFA is considering suing banks and other mortgage servicers for over-charging Fannie Mae and Freddie Mac on force-placed insurance.
Could This Democrat's Support Lead to Fannie Mae And Freddie Mac Going Away?
Matthew Frankel, The Motley Fool - Motley Fool - Thu Jun 26, 8:33AM CDT
There has been talk of winding down Fannie Mae and Freddie Mac for some time now, which would put shareholders at great risk of being wiped out entirely. A bill to do just that passed the Senate Banking Committee earlier this year, but...
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.