|Day Low/High||2.76 / 2.95|
|52 Wk Low/High||0.98 / 3.27|
The Fed may soon be selling off long term bonds acquired through three rounds of quantitative easing.
Ocwen Financial (OCN) finished in the green today following reports that JPMorgan is acquiring right to handle $45 billion of home loans from Ocwen.
The Brazilian oil giant has become a battleground stock like Fannie Mae, Freddie Mac or Herbalife.
With the notable exception of Herbalife, activist investor Bill Ackman doesn't talk much about what else is in his $20 billion hedge fund.
Openfolio surveyed the portfolios of its pool of over 20,000 investors to see the effect penny stocks have on overall performance.
Ocwen Financial (OCN) stock is soaring after the company announced it has signed a letter of intent with an undisclosed buyer on the sale of mortgage servicing rights.
U.S. stock futures are bouncing upward on Thursday, as investors await a flood of data on consumer prices, jobless claims and housing.
Shares of Fannie Mae and Freddie Mac fell Tuesday after an Iowa court threw out a shareholder lawsuit against the U.S.
Fannie Mae and Freddie Mac shares were rallying Wednesday after a judge ruled against the U.S. government in a widely followed lawsuit brought by Fairholme Capital Management.
There will now be a status conference held on Wednesday In accordance with this Court's Order of August 13, 2014 (Doc. 85), the parties hereby notify the Court that they believe that the Court shoul...
Big banks including Bank of America, JPMorgan Chase and Wells Fargo are ceding mortgage market share allowing nonbank lenders such as Freedom Mortgage and Quicken Loans to move in.
Dropping money from airplanes can't save the eurozone.
Fannie Mae: Lamberth Rules For Pershing vs Treasury 'Ole Royce got this one right….Pershing has prevailed and is free to file its suit again at a later time. This isn't a huge victory as I thi...
The problem is that banks, which are still smarting from the financial meltdown, are reluctant to provide mortgages to buyers with weak credit.
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.
Home buying is slow, and the whole economy suffers. Just ask Lennar CEO Stuart Miller.
Housing construction is finally showing signs of recovery, but not because more Americans are buying homes.
The long thesis on Fannie Mae rests on the idea that if shareholders can get rid of the US Treasury's full income sweep, then the common stock price could increase five-fold, ten-fold or even more d...
If you want a strong housing market, allow loan defaults.
Homebuilders are optimistic about the market for new single-family homes, but there are many obstacles that may prevent a robust rebound.
Next week Cramer will be watching earnings from WhiteWave Foods, DR Horton and Wal-Mart, among many others.
Three risks to banks' bottom line that aren't being discussed has Richard Bove worried that banks could get blindsided againOne of the lessons that we learned from this year's round of stress te...
What looks like a tactical change of course puts even more emphasis on Court of Federal Claims' rulingsThe focus of Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) litigation has ...
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.
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.
Bankers and regulators are optimistic they will soon have an agreement intended to ease lenders' concerns.
Judge Sweeney rejected Fairholme's request to let former Fannie Mae CFO review privileged documents because their disclosure could 'place the nation's financial markets in jeopardy'When Bruce ...
Fairholme Funds is appealing a recent court decision that dismissed its lawsuit against the U.S. government over claims to the profits of Fannie Mae and Freddie Mac.
Billionaire activist Bill Ackman reportedly added to his Fannie Mae (FMNA) and Freddie Mac (FMCC) bets since the stocks got clobbered by a federal court ruling last week.
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