Fannie Mae (FNMA) 2.9800 $FNMA
BofA Plea against $1.27B Penalty Shunned by US Government - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 22, 10:30AM CDT
Bank of America (BAC), the second-largest bank in the U.S., continues to hog the limelight, thanks to several litigations and legal issues that it has trapped itself in.
Wells Fargo (WFC) Continues to Boost Mortgage Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 18, 5:00PM CDT
Wells Fargo & Company (WFC) has taken yet another step to drive up mortgage originations.
Mortgage Lender Sentiment Survey Results Show Large Lenders Expect Credit Standards to Ease During Next Three Months
PR Newswire - Wed Sep 17, 8:00AM CDT
Large lenders' expectations that underwriting standards will ease over the next three months coincide with overall lenders' expected pullback in the demand for single-family purchase mortgages, according to results from Fannie Mae's third-quarter Mortgage Lender Sentiment Survey. The share of lenders who expect purchase mortgage demand to go up over the next three months decreased significantly - between 26 to 33 percentage points depending on loan type - with the largest decline of 33 percentage points on GSE-eligible loans. Among those surveyed, larger lenders continue to be more likely than their smaller counterparts to say they expect to ease their credit standards during the next three months, in particular for non-GSE-eligible and government loans, perhaps indicating an effort to boost purchase mortgage activity before the year comes to a close.
Fannie Mae Prices $986 Million Multifamily DUS REMIC (FNA 2014-M10) Under Its Fannie Mae GeMS(TM) Program
PR Newswire - Tue Sep 16, 8:09AM CDT
Fannie Mae (OTC Bulletin Board: FNMA) priced its ninth Multifamily DUS® REMIC in 2014 totaling $986 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS(TM)) program on September 10, 2014.
HSBC to Pay $550M to FHFA for Mortgage-Issue Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 15, 11:00AM CDT
HSBC will pay $550 million to the FHFA to resolve a lawsuit that accused it of selling risky mortgage securities between 2005 and 2007.
5 Things Genworth Financial Inc.'s Management Wants You to Know
Matthew Frankel, The Motley Fool - Motley Fool - Sun Sep 14, 11:08AM CDT
Genworth Financial is the largest provider of long-term-care insurance, or LTC, in the U.S. and is one of the largest mortgage insurance providers in the world, with operations in 25 countries that serve more than 15 million customers. Shares...
Market Maker Surveillance Report. AKS, STEV, MPEL, FNMA, MONIF, VNET, Highest Net Sell Volume and Negative Price Friction For Wednesday, September 10th 2014
M2 - Thu Sep 11, 4:09AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 4911 companies with "abnormal" market making, 2481 companies with positive Friction Factors and 2383 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Wednesday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. AK Steel Holding Corp (NYSE:AKS), Stevia Corp (OTC:STEV), Melco Crown Entertainment Limited (NASDAQ:MPEL), Federal National Mortgage Association (OTC:FNMA), MONITISE PLC (OTC:MONIF), 21Vianet Group Inc (NASDAQ:VNET). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
Consumer Housing Sentiment Loses Momentum as Income Growth Remains Stagnant
PR Newswire - Mon Sep 08, 8:00AM CDT
Americans' attitudes toward the housing market continued to soften in August and suggest that housing activity may resume its modest recovery in 2015 after some pullback this year, according to results from Fannie Mae's August 2014 National Housing Survey. Despite ongoing improvements in the labor market this year, consumers' view on their income trend during the past 12 months appears to be more bearish. In addition, the share of consumers who said now is a good time to buy a home dipped for the second consecutive month, falling six percentage points since June to 64 percent - tying the all-time survey low.
Goldman Hits New 52-Week High on Lawsuit Dismissal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 10:00AM CDT
Shares of Goldman (GS) scaled a new 52-week high of $182.07 in the first half of the trading session on Sep 3. The stock closed the session at $179.60, reflecting a year-to-date return of 1.5%.
Fannie Mae Releases July 2014 Monthly Summary
PR Newswire - Fri Aug 29, 3:01PM CDT
Fannie Mae's (OTC Bulletin Board: FNMA) July 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.
Another Blow from SEC: Tougher Rules for Asset-Backed Bonds - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 6:08PM CDT
According to a Bloomberg report, the final disclosure rules for asset-backed bonds issuers are to be announced by the U.S. Securities and Exchange Commission (SEC), later this week on Aug 27.
Goldman Closes FHFA's PLS Lawsuit for $3.15B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 5:23PM CDT
The Goldman Sachs Group, Inc. (GS) finally ended the legal tussle it was embroiled in since 2011 with the Federal Housing Finance Agency (FHFA), the conservator for Freddie Mac (FMCC) and Fannie Mae (FNMA)
Why Goldman Sachs (GS) Stock Is Climbing Today
at The Street - Mon Aug 25, 2:05PM CDT
Goldman Sachs (GS) stock is continuing to rise following the company's announcement it reached a settlement with the Federal Housing Finance Agency regarding bad mortgage bond sales.
Ferguson Unrest Shows Why Fannie, Freddie Are Still Needed: Bove
at The Street - Wed Aug 20, 3:40PM CDT
The social unrest in Ferguson, Mo. shows why Fannie Mae and Freddie Mac are still needed to keep home ownership affordable, banking analyst Dick Bove said Wednesday.
Fannie And Freddie Made $5.1 Billion In Profit, And Shareholders Want A Piece Of It
Matthew Frankel, The Motley Fool - Motley Fool - Wed Aug 20, 7:00AM CDT
Fannie Mae and Freddie Mac have both released their second quarter results, and both companies reported substantial profits. Fannie Mae reported net income of $3.7 billion and Freddie Mac made $1.4 billion. www.futureatlas.com However,...
Bill Ackman Sues U.S. Government over Fannie, Freddie Gains - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 18, 12:13PM CDT
On Aug 14, Bill Ackman along with three other individual plaintiffs holding common shares in Fannie and Freddie, sued the U.S. government, the Department of Treasury and the FHFA.
2014 Economic Growth Expectations Get Boost from Second Quarter Rebound
PR Newswire - Mon Aug 18, 8:03AM CDT
A broad-based rebound in second quarter economic growth, combined with the upward revision to first quarter economic activity, has provided some lift to 2014 full-year growth expectations, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. Recent data show that every main component of GDP, with the exception of net exports, contributed positively to growth in the second quarter--a sharp contrast from the first quarter in which consumer spending was the main driver of GDP. Improvements in consumer spending, inventories, and employment support an upward revision in growth expectations to approximately 3.0 percent for the second half of 2014, raising the forecast for all of 2014 by four-tenths to 1.9 percent.
Fannie Mae Prices $950 Million Multifamily DUS REMIC (FNA 2014-M9) Under Its Fannie Mae GeMS(TM) Program
PR Newswire - Fri Aug 15, 2:36PM CDT
Fannie Mae (OTC Bulletin Board: FNMA) priced its eighth Multifamily DUS® REMIC in 2014 totaling $950 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on August 13, 2014.
Bill Ackman Attacks 'Brazen' U.S. Conduct Over Fannie and Freddie
at The Street - Fri Aug 15, 10:20AM CDT
Pershing Square Capital Management and three other common shareholders in Fannie Mae and Freddie Mac unveiled their lawsuit against the U.S. and the two Government Sponsored Enterprises on Thursday.
Why Fannie Mae (FNMA) Stock, Freddie Mac (FMCC) Stock Closed Higher Today
at The Street - Thu Aug 14, 3:58PM CDT
Bill Ackman's Pershing Square Capital Management plans to sue the U.S. over Fannie (FNMA), Freddie (FMCC) mortgage profits.
BofA Plea against $1.27B Penalty Shunned by US Government - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 22, 10:30AM CDT
Bank of America (BAC), the second-largest bank in the U.S., continues to hog the limelight, thanks to several litigations and legal issues that it has trapped itself in.
Wells Fargo (WFC) Continues to Boost Mortgage Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 18, 5:00PM CDT
Wells Fargo & Company (WFC) has taken yet another step to drive up mortgage originations.
Mortgage Lender Sentiment Survey Results Show Large Lenders Expect Credit Standards to Ease During Next Three Months
PR Newswire - Wed Sep 17, 8:00AM CDT
Large lenders' expectations that underwriting standards will ease over the next three months coincide with overall lenders' expected pullback in the demand for single-family purchase mortgages, according to results from Fannie Mae's third-quarter Mortgage Lender Sentiment Survey. The share of lenders who expect purchase mortgage demand to go up over the next three months decreased significantly - between 26 to 33 percentage points depending on loan type - with the largest decline of 33 percentage points on GSE-eligible loans. Among those surveyed, larger lenders continue to be more likely than their smaller counterparts to say they expect to ease their credit standards during the next three months, in particular for non-GSE-eligible and government loans, perhaps indicating an effort to boost purchase mortgage activity before the year comes to a close.
Fannie Mae Prices $986 Million Multifamily DUS REMIC (FNA 2014-M10) Under Its Fannie Mae GeMS(TM) Program
PR Newswire - Tue Sep 16, 8:09AM CDT
Fannie Mae (OTC Bulletin Board: FNMA) priced its ninth Multifamily DUS® REMIC in 2014 totaling $986 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS(TM)) program on September 10, 2014.
HSBC to Pay $550M to FHFA for Mortgage-Issue Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 15, 11:00AM CDT
HSBC will pay $550 million to the FHFA to resolve a lawsuit that accused it of selling risky mortgage securities between 2005 and 2007.
5 Things Genworth Financial Inc.'s Management Wants You to Know
Matthew Frankel, The Motley Fool - Motley Fool - Sun Sep 14, 11:08AM CDT
Genworth Financial is the largest provider of long-term-care insurance, or LTC, in the U.S. and is one of the largest mortgage insurance providers in the world, with operations in 25 countries that serve more than 15 million customers. Shares...
Market Maker Surveillance Report. AKS, STEV, MPEL, FNMA, MONIF, VNET, Highest Net Sell Volume and Negative Price Friction For Wednesday, September 10th 2014
M2 - Thu Sep 11, 4:09AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 4911 companies with "abnormal" market making, 2481 companies with positive Friction Factors and 2383 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Wednesday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. AK Steel Holding Corp (NYSE:AKS), Stevia Corp (OTC:STEV), Melco Crown Entertainment Limited (NASDAQ:MPEL), Federal National Mortgage Association (OTC:FNMA), MONITISE PLC (OTC:MONIF), 21Vianet Group Inc (NASDAQ:VNET). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
Consumer Housing Sentiment Loses Momentum as Income Growth Remains Stagnant
PR Newswire - Mon Sep 08, 8:00AM CDT
Americans' attitudes toward the housing market continued to soften in August and suggest that housing activity may resume its modest recovery in 2015 after some pullback this year, according to results from Fannie Mae's August 2014 National Housing Survey. Despite ongoing improvements in the labor market this year, consumers' view on their income trend during the past 12 months appears to be more bearish. In addition, the share of consumers who said now is a good time to buy a home dipped for the second consecutive month, falling six percentage points since June to 64 percent - tying the all-time survey low.
Goldman Hits New 52-Week High on Lawsuit Dismissal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 10:00AM CDT
Shares of Goldman (GS) scaled a new 52-week high of $182.07 in the first half of the trading session on Sep 3. The stock closed the session at $179.60, reflecting a year-to-date return of 1.5%.
Fannie Mae Releases July 2014 Monthly Summary
PR Newswire - Fri Aug 29, 3:01PM CDT
Fannie Mae's (OTC Bulletin Board: FNMA) July 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.
Another Blow from SEC: Tougher Rules for Asset-Backed Bonds - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 6:08PM CDT
According to a Bloomberg report, the final disclosure rules for asset-backed bonds issuers are to be announced by the U.S. Securities and Exchange Commission (SEC), later this week on Aug 27.
Goldman Closes FHFA's PLS Lawsuit for $3.15B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 5:23PM CDT
The Goldman Sachs Group, Inc. (GS) finally ended the legal tussle it was embroiled in since 2011 with the Federal Housing Finance Agency (FHFA), the conservator for Freddie Mac (FMCC) and Fannie Mae (FNMA)
Why Goldman Sachs (GS) Stock Is Climbing Today
at The Street - Mon Aug 25, 2:05PM CDT
Goldman Sachs (GS) stock is continuing to rise following the company's announcement it reached a settlement with the Federal Housing Finance Agency regarding bad mortgage bond sales.
Ferguson Unrest Shows Why Fannie, Freddie Are Still Needed: Bove
at The Street - Wed Aug 20, 3:40PM CDT
The social unrest in Ferguson, Mo. shows why Fannie Mae and Freddie Mac are still needed to keep home ownership affordable, banking analyst Dick Bove said Wednesday.
Fannie And Freddie Made $5.1 Billion In Profit, And Shareholders Want A Piece Of It
Matthew Frankel, The Motley Fool - Motley Fool - Wed Aug 20, 7:00AM CDT
Fannie Mae and Freddie Mac have both released their second quarter results, and both companies reported substantial profits. Fannie Mae reported net income of $3.7 billion and Freddie Mac made $1.4 billion. www.futureatlas.com However,...
Bill Ackman Sues U.S. Government over Fannie, Freddie Gains - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 18, 12:13PM CDT
On Aug 14, Bill Ackman along with three other individual plaintiffs holding common shares in Fannie and Freddie, sued the U.S. government, the Department of Treasury and the FHFA.
2014 Economic Growth Expectations Get Boost from Second Quarter Rebound
PR Newswire - Mon Aug 18, 8:03AM CDT
A broad-based rebound in second quarter economic growth, combined with the upward revision to first quarter economic activity, has provided some lift to 2014 full-year growth expectations, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. Recent data show that every main component of GDP, with the exception of net exports, contributed positively to growth in the second quarter--a sharp contrast from the first quarter in which consumer spending was the main driver of GDP. Improvements in consumer spending, inventories, and employment support an upward revision in growth expectations to approximately 3.0 percent for the second half of 2014, raising the forecast for all of 2014 by four-tenths to 1.9 percent.
Fannie Mae Prices $950 Million Multifamily DUS REMIC (FNA 2014-M9) Under Its Fannie Mae GeMS(TM) Program
PR Newswire - Fri Aug 15, 2:36PM CDT
Fannie Mae (OTC Bulletin Board: FNMA) priced its eighth Multifamily DUS® REMIC in 2014 totaling $950 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on August 13, 2014.
Bill Ackman Attacks 'Brazen' U.S. Conduct Over Fannie and Freddie
at The Street - Fri Aug 15, 10:20AM CDT
Pershing Square Capital Management and three other common shareholders in Fannie Mae and Freddie Mac unveiled their lawsuit against the U.S. and the two Government Sponsored Enterprises on Thursday.
Why Fannie Mae (FNMA) Stock, Freddie Mac (FMCC) Stock Closed Higher Today
at The Street - Thu Aug 14, 3:58PM CDT
Bill Ackman's Pershing Square Capital Management plans to sue the U.S. over Fannie (FNMA), Freddie (FMCC) mortgage profits.
