Jim Cramer's 'Mad Money' Recap: Here's Next Week's Game Plan
at The Street - Fri Nov 07, 7:19PM CST
Next week Cramer will be watching earnings from WhiteWave Foods, DR Horton and Wal-Mart, among many others.
DHI: 23.13 (+0.19), KMI: 38.75 (+0.22), HK: 3.24 (+0.34), KSS: 57.22 (+0.41), GE: 26.41 (+0.05), LMT: 186.15 (-3.73), AVAV: 29.81 (-0.65), WMT: 78.77 (+0.96), SNE: 19.62 (-0.08), M: 59.88 (+0.84), SDRL: 21.77 (+0.06), T: 34.91 (+0.19), W: 26.01 (+0.31), OPK: 8.32 (-0.10), QCOM: 69.26 (-1.32), TWTR: 40.31 (-0.53), EPR: 56.61 (+0.23), AAPL: 109.01 (+0.31), HSIC: 128.84 (-1.47), CSCO: 25.33 (+0.07), WFM: 46.81 (+1.96), CY: 10.08 (-0.02), MU: 33.01 (-0.34), SWKS: 59.88 (-2.26), IRM: 38.05 (+1.58), BAC: 17.36 (unch), MO: 49.87 (+0.31), CSX: 35.45 (+0.32), WWAV: 36.93 (-0.53), GILD: 106.45 (-0.49), TXN: 50.90 (unch), BPL: 79.30 (+1.86), JCP: 7.82 (+0.34), JWN: 73.43 (-0.25), BABA: 114.56 (+2.99)
Why is Freddie Mac Down Despite Impressive Q3 Earnings? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 07, 10:20AM CST
Federal Home Loan Mortgage Corporation (FMCC) or Freddie Mac's third-quarter 2014 results reflected its 12th consecutive quarter of positive earnings with net income of $2.1 billion, up from $1.4 billion in the prior quarter.
PFSI: 16.01 (+0.12), HLSS: 19.04 (-0.15)
Fannie Mae (FNMA) Slides After Q3 Earnings Report - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 07, 9:50AM CST
Shares of Federal National Mortgage Association (FNMA) or Fannie Mae fell 3.45% after it reported third-quarter 2014 net income of $3.9 billion, down 55.2% year over year.
PFSI: 16.01 (+0.12), HLSS: 19.04 (-0.15)
Americans' Personal Finance Sentiment Strengthens, Housing Optimism Follows Suit
PR Newswire - Fri Nov 07, 8:00AM CST
Results from Fannie Mae's October 2014 National Housing Survey show Americans' optimism about the housing market continued its gradual climb amid greater confidence in household income and personal finances. The share of respondents who say they expect their personal financial situation to improve during the next 12 months climbed to 45 percent - seven points higher compared to one year ago - while the share expecting their financial situation to worsen decreased to 10 percent last month. Although consumer attitudes about the direction of the economy remain subdued, with only 40 percent of survey respondents saying the economy is on the right track, the October results mark a 13 percentage point improvement compared to the same time last year.
Free Earnings Forecast for Sirius XM, Activision Blizzard, Tesla Motors, You On Demand, Fannie Mae, and Tripadvisor
PR Newswire - Thu Nov 06, 7:45AM CST
EarningForecast.com has issued earnings forecast research with special focus on financial performance of the following stocks: Sirius XM (NASDAQ:SIRI), Activision Blizzard (NASDAQ:ATVI), Tesla Motors (NASDAQ:TSLA), You On Demand (NASDAQ:YOD), Fannie Mae (OTCBB:FNMA), and Tripadvisor (NASDAQ:TRIP).
TSLA: 240.20 (-1.02), ATVI: 20.65 (+0.07), TRIP: 73.65 (-0.35), YOD: 2.87 (-0.14), SIRI: 3.45 (unch)
Fannie Mae Reports Net Income of $3.9 Billion and Comprehensive Income of $4.0 Billion for Third Quarter 2014
PR Newswire - Thu Nov 06, 6:07AM CST
Fannie Mae (OTC Bulletin Board: FNMA) today reported its third quarter 2014 results and filed its quarterly report on Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the third quarter of 2014. The following documents are now available on Fannie Mae's Web site at www.fanniemae.com:
CEO, Board Members Named at Common Securitization Solutions, LLC
Marketwired - Mon Nov 03, 3:01PM CST
Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) today jointly announced that the first chief executive officer (CEO) has been named for Common Securitization Solutions, LLC (CSS), which was established by the companies to build and operate the Common Securitization Platform (CSP), a new secondary mortgage market infrastructure. Additionally, Fannie Mae and Freddie Mac each appointed two executives to the CSS Board of Managers and signed governance and operating agreements for CSS.
Fannie Mae Releases September 2014 Monthly Summary
PR Newswire - Fri Oct 31, 3:01PM CDT
Fannie Mae's (OTC Bulletin Board: FNMA) September 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.
Fannie and Freddie Preferred Shares Left Behind in Rally
at The Street - Tue Oct 28, 5:10AM CDT
Fannie Mae and Freddie Mac preferred shares have largely sat out the recent rebound in common stock of the GSEs, but some observers believe the market has it wrong.
GM: 31.59 (+0.22), AIG: 54.03 (+0.12)
Is This Move By Fannie Mae and Freddie Mac a Mistake?
Amanda Alix, The Motley Fool - Motley Fool - Mon Oct 27, 1:01PM CDT
Housing is struggling, and mortgages are increasingly out of reach for many homebuyers. The possible connection between these two conditions has not gone unnoticed by the Federal Housing Finance Agency, regulator of mortgage heavies Fannie Mae and...
BAC: 17.36 (unch)
Fannie, Freddie Bulls Finding New Reasons to Get Behind the Stock
at The Street - Fri Oct 24, 12:39PM CDT
Mortgage giants Fannie Mae and Freddie Mac are like the Guantanamo prison: Obama has wanted to shut them down for years, but can't figure out a way to do it.
Outlook for U.S. Economic Growth Still Solid Even as Global Growth Slows
PR Newswire - Thu Oct 23, 8:00AM CDT
Real economic growth in the U.S. appears ready to exceed 3.0 percent for the second half of the year, providing a sound basis for growth in 2015, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group. The Group's macroeconomic theme for 2014, Private Forces Move to the Fore, materialized in the second quarter as reduced fiscal uncertainty and slowing monetary intervention helped private sector momentum to build. Although a variety of factors are slowing growth on a global scale, which may discourage the Federal Reserve Board from making any changes in interest rate policy until Q3 2015, the global economic slowdown has had little negative impact on the fundamentals of the U.S. economy so far.
Ocwen Financial Slumps: OCN Tanks 18.2% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Oct 22, 7:55AM CDT
Ocwen Financial has been witnessing a negative trend in its current year earnings estimate and its share price has been falling for past 1 month
OCN: 21.17 (-0.24), ESNT: 24.08 (+0.06), AGM: 33.72 (-0.10)
Walker & Dunlop Originates $108M Fannie Mae MHC Loan
PR Newswire - Tue Oct 21, 3:43PM CDT
Walker & Dunlop, Inc. (NYSE: WD) and Fannie Mae (FNMA/OTC) announced today the recent closing of a $108,000,000 loan for a manufactured housing community located in Lakeland, Florida. Walker & Dunlop worked with Keystone Commercial Capital on behalf of the borrower, Blair Group, to rate lock the loan 15 days after receiving the signed loan application from the borrower.
WD: 15.94 (+0.15)
Why Getting a Mortgage Should Soon Be a Little Bit Easier
at The Street - Tue Oct 21, 5:00AM CDT
Bankers and regulators are optimistic they will soon have an agreement intended to ease lenders' concerns.
JPM: 61.47 (+0.24), WFC: 53.84 (-0.22), BAC: 17.36 (unch)
2 Good Reasons to Take Another Look at Mortgage REITs
Amanda Alix, The Motley Fool - Motley Fool - Mon Oct 20, 7:41AM CDT
High-yielding mortgage REITs like Annaly Capital Management , Two Harbors Investment Corp . and Invesco Mortgage Capital Inc . have lost a little of their luster with income investors over the past few months, sinking on worries over how the...
IVR: 16.26 (+0.16), IRC: 10.54 (+0.01), NLY: 11.28 (+0.01), TWO: 10.17 (+0.08)
Why Has Fannie Mae Stock Gained 50% This Month?
Matthew Frankel, The Motley Fool - Motley Fool - Sun Oct 19, 10:31AM CDT
On Oct. 1, shares of Fannie Mae and Freddie Mac plunged on the news that a U.S. district court judge threw out several investor lawsuits attempting to force the government to share some of the agencies' profits. Since then, shares have...
3 Simple Ways to Pay Off Your Mortgage Faster
Dan Caplinger, The Motley Fool - Motley Fool - Sat Oct 18, 9:56AM CDT
Source: Flickr user Mark Moz. For many Americans, their home is the linchpin of their finances. Your home is typically the most valuable asset on your balance sheet, and your mortgage is your biggest liability. That makes it critical for you to...
Fannie Mae Prices $1.32 Billion Multifamily DUS REMIC (FNA 2014-M12) Under Its Fannie Mae GeMS(TM) Program
PR Newswire - Fri Oct 17, 8:00AM CDT
Fannie Mae (OTC Bulletin Board: FNMA) priced its tenth Multifamily DUS® REMIC in 2014 totaling $1.32 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on October 10, 2014.
Federal Agricultural Mortgage (AGM) Falls: Stock Goes Down 5% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Oct 16, 7:46AM CDT
Shares of Federal Agricultural Mortgage fell over 5% last session and witnessed flat revision in current year estimates in the past few weeks suggest a close watch of the firm in the near future.
ESNT: 24.08 (+0.06), JMI: 12.56 (unch), AGM: 33.72 (-0.10)