FNMA Company info 08/27/2014 18:23:57 $FNMA
Like at the end when the host pointed out that FNF account for 90% of mortgage market...
Fannie Mae to Sell Headquarters
Fannie Mae FNMA +2.34% officials told employees on Wednesday that the company plans to sell its mansion-like headquarters in Washington, D.C., as part of a consolidation of its five, D.C.-area offices into a single, leased office building. The company hasn’t yet decided on a new location but prefers that it be in downtown D.C., said a company spokesperson. The move would happen within the next two to three years, she said.
The spokesperson said that the move is in preparation of the expiration of the leases on two of its D.C. offices. The company has also lately had to deal with aging infrastructure in some locations, including at the main building, she said.
“We are focused on making responsible real estate decisions to ensure the wise use of resources, the safety and soundness of operations, and flexibility to adapt to changes in our future workplace needs,” the spokesperson wrote in a statement.
The Wall Street Journal, and many other news organizations, have long relied on photos of Fannie Mae’s iconic headquarters, located at 3900 Wisconsin Ave., with its picturesque facade and landscaping, to illustrate stories on the mortgage-finance giant.
Fannie Mae and McLean, Va.-based Freddie Mac don’t make mortgages, but buy loans from lenders, package them into securities and provide guarantees to make investors whole in case of default. The companies were placed into conservatorship in 2008 and received $188 billion in government aid. After a September dividend payment, the companies will have paid $218.7 billion to the U.S. Treasury.
Recommended post
http://blogs.wsj.com/moneybeat/2014/08/27/fan...dquarters/
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
PR move
Fannie to sell HQ.
http://blogs.wsj.com/moneybeat/2014/08/27/fan...dquarters/
Fannie Mae FNMA +2.34% officials told employees on Wednesday that the company plans to sell its mansion-like headquarters in Washington, D.C., as part of a consolidation of its five, D.C.-area offices into a single, leased office building. The company hasn’t yet decided on a new location but prefers that it be in downtown D.C., said a company spokesperson. The move would happen within the next two to three years, she said.
The spokesperson said that the move is in preparation of the expiration of the leases on two of its D.C. offices. The company has also lately had to deal with aging infrastructure in some locations, including at the main building, she said.
“We are focused on making responsible real estate decisions to ensure the wise use of resources, the safety and soundness of operations, and flexibility to adapt to changes in our future workplace needs,” the spokesperson wrote in a statement.
The Wall Street Journal, and many other news organizations, have long relied on photos of Fannie Mae’s iconic headquarters, located at 3900 Wisconsin Ave., with its picturesque facade and landscaping, to illustrate stories on the mortgage-finance giant.
Fannie Mae and McLean, Va.-based Freddie Mac don’t make mortgages, but buy loans from lenders, package them into securities and provide guarantees to make investors whole in case of default. The companies were placed into conservatorship in 2008 and received $188 billion in government aid. After a September dividend payment, the companies will have paid $218.7 billion to the U.S. Treasury.
http://blogs.wsj.com/moneybeat/2014/08/27/fan...d=yahoo_hs
Good mind F@*# for ppl who are on the fence either way. Lol. FMNA says they not looking to uplist but why make a job posting like that? 08 is all FNMA & FMCC fault but they are the foundation of the mortgage market. Lmao......... ooh im so holding my shares.
Is there really a video that puts all the blame on the GSEs?
I thought that died about 4 months and 40B in fines ago?
I agree they we're doing every attempt possible to make fnf look bad and at the end when the guy said the fact is that fnf are still the foundation of our housing the other said immediately I have to let you go. But I guess at least the topic is good.
Thanks for the info and explanation how to interpret the data. Didn't know that!
right above you on this page ... Data Tools then click on TRADES
it is actually showing vol of trades made @ the BID or ASK
I despise the tone of this video.
Again, putting all the blame on Fannie Mae for the financial crisis instead of passing on the facts. Though I shouldn't be surprised considering it's FOX.
Great video!
Thanks for sharing.
that was my point exactly...I HOPE we get everything WE think we should, but I just don't have confidence in our judicial system to make that happen. So based on that premis, I would be thrilled to get (not really) a good chunk of it back. What we all want is to make a very very nice profit and for some of us that would be becoming millionaires. If that happens, I can find a way to not be as angry at the fed for what they have done. I of course would prefer 100% resolution in our favor, but again...just don't think the political machine will allow that to happen. Compromises CAN be good at times.
What do you mean by 'no places to uplist to nyse'.
navycmdr, that data looks very interesting to me
Could you please provide a source where you got the sell vs buy volume data from? Thanks!
And you can tell that how?
thank you
Thats ok, I don't understand your statement or question!
9:1 buy/sell ratio today.
HH
Like at the end when the host pointed out that FNF account for 90% of mortgage market...
Fannie Mae to Sell Headquarters
Fannie Mae FNMA +2.34% officials told employees on Wednesday that the company plans to sell its mansion-like headquarters in Washington, D.C., as part of a consolidation of its five, D.C.-area offices into a single, leased office building. The company hasn’t yet decided on a new location but prefers that it be in downtown D.C., said a company spokesperson. The move would happen within the next two to three years, she said.
The spokesperson said that the move is in preparation of the expiration of the leases on two of its D.C. offices. The company has also lately had to deal with aging infrastructure in some locations, including at the main building, she said.
“We are focused on making responsible real estate decisions to ensure the wise use of resources, the safety and soundness of operations, and flexibility to adapt to changes in our future workplace needs,” the spokesperson wrote in a statement.
The Wall Street Journal, and many other news organizations, have long relied on photos of Fannie Mae’s iconic headquarters, located at 3900 Wisconsin Ave., with its picturesque facade and landscaping, to illustrate stories on the mortgage-finance giant.
Fannie Mae and McLean, Va.-based Freddie Mac don’t make mortgages, but buy loans from lenders, package them into securities and provide guarantees to make investors whole in case of default. The companies were placed into conservatorship in 2008 and received $188 billion in government aid. After a September dividend payment, the companies will have paid $218.7 billion to the U.S. Treasury.
Recommended post
http://blogs.wsj.com/moneybeat/2014/08/27/fan...dquarters/
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
PR move
Fannie to sell HQ.
http://blogs.wsj.com/moneybeat/2014/08/27/fan...dquarters/
Fannie Mae FNMA +2.34% officials told employees on Wednesday that the company plans to sell its mansion-like headquarters in Washington, D.C., as part of a consolidation of its five, D.C.-area offices into a single, leased office building. The company hasn’t yet decided on a new location but prefers that it be in downtown D.C., said a company spokesperson. The move would happen within the next two to three years, she said.
The spokesperson said that the move is in preparation of the expiration of the leases on two of its D.C. offices. The company has also lately had to deal with aging infrastructure in some locations, including at the main building, she said.
“We are focused on making responsible real estate decisions to ensure the wise use of resources, the safety and soundness of operations, and flexibility to adapt to changes in our future workplace needs,” the spokesperson wrote in a statement.
The Wall Street Journal, and many other news organizations, have long relied on photos of Fannie Mae’s iconic headquarters, located at 3900 Wisconsin Ave., with its picturesque facade and landscaping, to illustrate stories on the mortgage-finance giant.
Fannie Mae and McLean, Va.-based Freddie Mac don’t make mortgages, but buy loans from lenders, package them into securities and provide guarantees to make investors whole in case of default. The companies were placed into conservatorship in 2008 and received $188 billion in government aid. After a September dividend payment, the companies will have paid $218.7 billion to the U.S. Treasury.
http://blogs.wsj.com/moneybeat/2014/08/27/fan...d=yahoo_hs
Good mind F@*# for ppl who are on the fence either way. Lol. FMNA says they not looking to uplist but why make a job posting like that? 08 is all FNMA & FMCC fault but they are the foundation of the mortgage market. Lmao......... ooh im so holding my shares.
Is there really a video that puts all the blame on the GSEs?
I thought that died about 4 months and 40B in fines ago?
I agree they we're doing every attempt possible to make fnf look bad and at the end when the guy said the fact is that fnf are still the foundation of our housing the other said immediately I have to let you go. But I guess at least the topic is good.
Thanks for the info and explanation how to interpret the data. Didn't know that!
right above you on this page ... Data Tools then click on TRADES
it is actually showing vol of trades made @ the BID or ASK
I despise the tone of this video.
Again, putting all the blame on Fannie Mae for the financial crisis instead of passing on the facts. Though I shouldn't be surprised considering it's FOX.
Great video!
Thanks for sharing.
that was my point exactly...I HOPE we get everything WE think we should, but I just don't have confidence in our judicial system to make that happen. So based on that premis, I would be thrilled to get (not really) a good chunk of it back. What we all want is to make a very very nice profit and for some of us that would be becoming millionaires. If that happens, I can find a way to not be as angry at the fed for what they have done. I of course would prefer 100% resolution in our favor, but again...just don't think the political machine will allow that to happen. Compromises CAN be good at times.
What do you mean by 'no places to uplist to nyse'.
navycmdr, that data looks very interesting to me
Could you please provide a source where you got the sell vs buy volume data from? Thanks!
And you can tell that how?
thank you
Thats ok, I don't understand your statement or question!
9:1 buy/sell ratio today.
HH
