Millions of Renters Could Become Homeowners in 2015
Matthew Frankel, The Motley Fool - Motley Fool - Mon Jan 12, 6:01AM CST
It was recently announced that the FHA, which has historically been the go-to mortgage option for borrowers with limited down payments and credit, is planning to reduce its mortgage insurance premium from 1.35% of a loan's value per year to 0.85%....
Top Housing Stocks for 2015
Matthew Frankel, The Motley Fool - Motley Fool - Fri Jan 09, 12:00PM CST
There are several reasons to be bullish on real estate right now. For starters, Fannie Mae and Freddie Mac 's looser and more clearly defined lending standards could open up the housing market to millions of buyers who previously couldn't...
LEN: 47.07 (+0.28), HD: 104.42 (-0.47), LOW: 67.85 (-0.48)
Consumers Not Ready to Move on Housing Despite Improved Outlook on Economy
PR Newswire - Wed Jan 07, 8:00AM CST
Americans are becoming more optimistic about the economy, but consumer confidence toward the housing market is lagging, according to results from Fannie Mae's December 2014 National Housing Survey(TM). Likely bolstered by a strengthening employment sector, the share of consumers who believe the economy is headed in the right direction improved by 5 percentage points to 41 percent. Those citing that the economy is heading in the wrong direction declined to 51 percent, the fifth consecutive monthly decrease. However, although the share of respondents who think it would be easy to get a mortgage today increased to 52 percent, tying the all-time survey high, the share who say their household income is significantly higher than it was 12 months ago has remained flat at 25 percent.
Fannie Mae and Freddie Mac Investors Could Finally Get Some Good News From the Government
Matthew Frankel, The Motley Fool - Motley Fool - Wed Jan 07, 6:31AM CST
Fannie Mae 's president and CEO recently asserted confidence in the sustainability of the agency, as well as that of fellow government-sponsored enterprise Freddie Mac . While these comments were warmly received by shareholders, another...
Fannie And Freddie At Year's Beginning And The Future
Tom Dorsey - at Seeking Alpha - Tue Jan 06, 4:16PM CST
2015 Brings A Flurry Of Good News For Fannie And Freddie
David Sims - at Seeking Alpha - Tue Jan 06, 11:10AM CST
RBS: 11.13 (-0.01)
Why Real Estate Could Soar in 2015
Matthew Frankel, The Motley Fool - Motley Fool - Sat Jan 03, 8:05AM CST
Following double-digit gains in 2012 and 2013, U.S. home prices grew at a much slower pace in 2014, with the average home increasing in value by less than 3%. So what's in store for 2015? While it's impossible to know for sure what the future...
Z: 104.01 (+1.29)
Fannie Mae Releases November 2014 Monthly Summary
PR Newswire - Wed Dec 31, 3:01PM CST
Fannie Mae's (OTC Bulletin Board: FNMA) November 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.
3 of 2014's Deepest Dividend Cuts in the Financial Sector
Eric Volkman, The Motley Fool - Motley Fool - Tue Dec 30, 2:00PM CST
2014 has been a good year for dividend raises. According to FactSet, in the 12-month period ending in October, overall dividends paid by the S&P 500's component companies rose 11%. But even in a bullish year full of growing payouts, there are...
ARR: 3.60 (+0.03), PSEC: 8.52 (-0.03), CCG: 7.23 (-0.09)
Will Fannie Mae and Freddie Mac Make Their Shareholders Rich In 2015?
Matthew Frankel, The Motley Fool - Motley Fool - Mon Dec 29, 6:03AM CST
After rebounding from pennies per share just a few years ago, Fannie Mae and Freddie Mac have dropped again, each trading for around $2 per share. Despite this fact, many investors and some hedge fund heavyweights like Pershing Square's Bill...
Fannie And Freddie: Current Plans Could Affect Iowa Pensions
David Sims - at Seeking Alpha - Wed Dec 24, 5:09PM CST
Fannie Mae - '4 Documents, Produced In Discovery'
Glen Bradford - at Seeking Alpha - Sat Dec 20, 10:14AM CST
Fannie And Freddie: Everyone Says Read The Statute
David Sims - at Seeking Alpha - Fri Dec 19, 3:16PM CST
An Exclusive Interview With Pershing Square's William (Bill) Ackman
Matt Stewart - at Seeking Alpha - Thu Dec 18, 8:30AM CST
ZTS: 43.42 (-0.83), AGN: 219.58 (+4.18), HLF: 32.73 (-0.59), VRX: 155.50 (+1.92), HHC: 122.96 (-2.94), PAH: 23.05 (+0.07), CP: 176.96 (-2.03), APD: 142.37 (-0.99), BKW: 35.50 (-1.16)
Economic Growth Ends Year With a Slower Q4, but Poised to Strengthen in 2015
PR Newswire - Thu Dec 18, 8:00AM CST
After a roller-coaster year for the U.S. economy, in which economic growth pitched and rolled from quarter to quarter, 2014 is expected to end on an unspectacular note, as some unsustainable forces that drove activity in the third quarter reverse in the final quarter. Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research (ESR) Group forecasts full-year growth of 2.1 percent for this year, a full percentage point below the 2013 pace. However, growth still is expected to strengthen heading into the new year, driven by firming consumer income prospects, rising consumer and business confidence, a broadening housing recovery, and reduced fiscal headwinds. Overall, the Group expects economic growth of 2.7 percent for all of 2015.
Fannie, Freddie jump as Ackman boosts his stakes
Seeking Alpha - at Seeking Alpha - Wed Dec 17, 10:30AM CST
Mortgage Lender Sentiment Survey Results Show Increased Concerns with Mortgage Demand Growth
PR Newswire - Wed Dec 17, 8:00AM CST
Fewer mortgage lenders are reporting tighter credit while weak consumer demand is increasingly cited as driving lenders' decreased profit margin outlook, according to results from Fannie Mae's fourth quarter 2014 Mortgage Lender Sentiment Survey(TM). Conducted in November 2014, the survey shows that for GSE-eligible loans, the share of lenders who say they have tightened their credit standards during the prior three months has gradually trended down this year, decreasing to 13 percent in the fourth quarter compared to 28 percent in the first quarter. For non-GSE-eligible loans, more lenders reported easing than tightening of credit standards for the second consecutive quarter. Despite this, consumer demand reported for single-family purchase mortgages over the prior three months declined significantly from Q3 to Q4, and the share of lenders expecting demand to go down during the next three months has climbed, supporting expectations that the housing market will continue to grind its way upward next year.
Struggling Homeowners Are Getting an Early Christmas Gift from Lenders
Matthew Frankel, The Motley Fool - Motley Fool - Tue Dec 16, 9:24AM CST
It was recently announced that Fannie Mae and Freddie Mac will be suspending foreclosure-related evictions from December 17 until January 2. JPMorgan Chase has joined in, and there is reason to believe the other big banks will do the same. ...
JPM: 58.83 (-0.51), C: 50.38 (-0.40), WFC: 52.05 (-0.63), BAC: 16.68 (-0.30)
Economic Outlook: U.S. Growth to Accelerate in 2015 as Employment, Wages Rise
at The Street - Mon Dec 15, 11:19AM CST
Economic growth in the U.S. is set to accelerate in 2015 as employment continues to rise and wages will soon follow suit. An economic outlook for 2015.
Director Watt Begins To Exercise His Administrative Authority
David Sims - at Seeking Alpha - Fri Dec 12, 4:14PM CST