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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:42 EDTCLGX, FMCC, FNMAFederal Housing Finance Agency to hold a discussion
FHFA Director Mel Watt, discusses managing Fannie Mae and Freddie Mac and the 2014 strategic plan for their conservatorship, the state of the housing market, the GSEs' role in it and the current reforms pending in Congress with Chief Economist of CoreLogic, Mark Fleming in Washington, D.C. on May 13 at 9:30 am. Webcast Link
News For CLGX;FMCC;FNMA From The Last 14 Days
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October 24, 2014
18:52 EDTFNMAFannie Mae reaches shareholder lawsuit settlement for $170M, Reuters reports
Fannie Mae has settled a shareholder lawsuit for $170M, Reuters reports. The settlement will pay $123.8M to common stockholders and $46.2M to preferred stockholders between November 8, 2006, and September 5, 2008, Reuters added. The lawsuit accused Fannie Mae of defrauding its shareholders and pumping its stock by issuing false and misleading statements during the 2008 financial crisis. Reference Link
October 22, 2014
16:26 EDTCLGXCoreLogic expects FY14 adjusted EPS $1.27-$1.35, consensus $1.30
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16:25 EDTCLGXCoreLogic reports Q3 adjusted EPS 54c, consensus 39c
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15:30 EDTCLGXNotable companies reporting after market close
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October 20, 2014
15:08 EDTFNMA, FMCCHousing regulator reveals plan to ease tight credit, NY Times says
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13:40 EDTFNMAFannie Mae appoints Brian Brooks general counsel
Fannie Mae announced it has appointed Brian P. Brooks as EVP, general counsel, and corporate secretary effective November 10. Brooks joins Fannie Mae from OneWest Bank where he was vice chairman and chief legal officer. Reference Link
October 19, 2014
16:17 EDTFMCC, FNMAFannie Mae, Freddie Mac near deal to loosen lending, WSJ says
Fannie Mae (FNMA), Freddie Mac (FMCC) together with mortgage lenders are near to an arrangement that would lower barriers and lending standards on home buyers with weak credit, says the Wall Street Journal. Reference Link
October 17, 2014
12:26 EDTFMCC, FNMAFannie Mae, Freddie Mac close to deal to boost mortgage lending, WSJ reports
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October 16, 2014
07:03 EDTFMCCThe FDIC to hold a symposium
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