|Day Low/High||2.53 / 2.60|
|52 Wk Low/High||0.98 / 3.18|
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.
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.
U.S. stock futures were looking bullish Friday morning at the end of a volatile week. Maybe Coca-Cola's deal with Monster Beverage is fueling the optimism.
Today, common shareholders of the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) filed suit in the U.
Bill Ackman's Pershing Square Capital Management plans to sue the U.S. over Fannie (FNMA), Freddie (FMCC) mortgage profits.
Fannie Mae and Freddie Mac common shareholders led by investor Bill Ackman’s Pershing Square Capital Management will on Friday file the latest of many lawsuits against the federal government.
Even though every market segment was up, Fannie Mae earnings fell sharply because its sub-prime era lawsuits are mostly resolvedAs expected, Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCB...
U.S. stock futures were gloomy Thursday, as Argentina's bonds crashed into a default and another massive earnings day got underway.
Rebecca Mairone, a mid-level Countrywide executive in a hurry in 2007 and 2008, will pay the government $1 million and face a public shaming that may be difficult to overcome.
The Blackstone Group and Skadden tried to advise the U.S. Treasury Department on its stake in mortgage giants Fannie and Freddie in 2011, according to court documents.
The decision paves the way for a court case on the 'takings' plea by Fairholme Capital against FHFALast week, Federal Judge Margaret Sweeney cleared the way for a court case that will determine wh...
Goldman Sachs (GS) is in talks to settle a Federal Housing Finance Agency claim the bank sold faulty mortgage-backed securities to Fannie Mae (FNMA) and Freddie Mac (FMCC).
The crucial home building sector remains mired in torpor. But jobs data gets better and better. The reason is credit.
Home building stocks have lagged the improving economic data this year. But as it becomes more clear that the recovery is real, they'll heat up.
Genworth Financial (GNW) stock closed down following the Federal Housing Finance Agency proposed new regulations that would require higher capital standards for mortgage insurers.
Radian Group (RDN) stock is declining after the Federal Housing Finance Agency proposed new regulations that would require higher capital standards for mortgage insurers.
MGIC Investment (MTG) stock is down following the Federal Housing Finance Agency's newly proposed standards for the industry, plus Goldman Sachs removed it from its 'conviction buy' list.
The former president's cousin says freer markets can cut health care costs and create great companies. The core of the Bush prescription is radically more competition in health care.
If Carl Icahn is involved, the answer is likely yes.
Construction is cooking -- and so is the private economy. Even manufacturing is helping. Government employment may be the last barrier to sub-6% unemployment.
The regulator of Fannie Mae (FNMA) and Freddie Mac (FMCC) will consider suing insurers who charged excessive fees for hazard coverage paid by the two government-owned mortgage companies.
Community leaders & neighbors will stand with Jeff Solivan to stop Fannie Mae from evicting him and making another home vacant on the street.First it was 10,000 emails to Mel Watt, now the battle over...
Fitch Ratings has found that the biggest surge in delinquencies for any pool of U.S. mortgages since the financial crisis, a 3.37% delinquency rate on the Sequoia 2014-1 RMBS, was a result of widespread mailing errors and not homeowners falling behind on their payments.
The Federal Housing Finance Agency, overseer of Fannie Mae and Freddie Mac, has asked the public for input regarding the fees those government sponsored entities charge to lenders.
Bank of America's last big mortgage dispute with regulators now has a number on it: $12 billion.
The trading panel discussed U.S. auto sales, Fannie Mae and whether MySpace is still relevant.
Carl Icahn bought 6.8 million shares of Fannie and 5.7 million shares of Freddie from Bruce Berkowitz's Fairholme Capital Management LLC, according to court documents.
Carl Icahn is the latest big name investor to wager on shares of Fannie Mae, according to court documents made available Monday.
Wells Fargo is 'best positioned of any bank' to benefit from sooner-than-expected tightening of monetary policy by the Federal Reserve and 'a renewed desire by the government to aid housing,' argues Rafferty Capital Markets analyst Dick Bove in a report published Thursday.
A working group of federal and state authorities responsible for extracting a $13 billion settlement from JPMorgan Chase late last year over abuses tied to mortgage bonds still has 'more than a dozen ongoing investigations,' which will lead to billions of dollars in additional costs to financial companies, according to Michael P. Stephens, Acting Inspector General of the FHFA.
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