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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:42 EDTFMCC, CLGX, 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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August 4, 2015
08:32 EDTFMCCFreddie Mac reports Q2 comprehensive income $3.9B vs. $746M last year
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July 31, 2015
16:10 EDTFMCCFreddie Mac further reduces seriously delinquent loans from portfolio
Freddie Mac announced it sold via auction 3,577 deeply delinquent non-performing loans from its mortgage investment portfolio on July 28th, with an aggregate unpaid principal balance of $591M. The transaction is expected to settle in September, 2015 and the sale is part of Freddie Mac's Standard Pool Offerings. These loans have been delinquent for approximately three years, on average. Given the deep delinquency status of the loans, the borrowers have likely been evaluated previously for or are already in various stages of loss mitigation, including modification or other alternatives to foreclosure, or are in foreclosure. Mortgages that were previously modified and subsequently became delinquent comprise approximately 28% of the aggregate pool balance.
July 30, 2015
08:20 EDTCLGXCoreLogic expands share repurchase authorization to $350M
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July 23, 2015
16:42 EDTCLGXCoreLogic sees 2015 adjusted EPS $1.75-$1.85, consensus $1.79
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16:41 EDTCLGXCoreLogic reports Q2 adjusted EPS 55c, consensus 48c
Reports Q2 revenue $386M, consensus $389.25M.
10:53 EDTCLGXCoreLogic moves up following a positive mention by Navellier
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July 21, 2015
09:07 EDTFNMAEllie Mae, Fannie Mae expand strategic partnership
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