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Stock Market & Financial Investment News

News Breaks
March 31, 2014
07:03 EDTEVER, FNMA, FMCCEverBank completes sale of servicing assets to Green Tree
EverBank Financial (EVER) announced that it has closed on the sale of $10.3B of unpaid principal balance of Fannie Mae (FNMA), Freddie Mac (FMCC) and private investor mortgage servicing rights to Green Tree Servicing. In addition, EverBank expects to close on the sale of $1.9B of UPB of private investor MSR to Green Tree pending approval at a later date. EverBank also announced that it has received all third-party consents required to close the sale of its default servicing platform to Green Tree
News For EVER;FNMA;FMCC From The Last 14 Days
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October 1, 2014
11:46 EDTFNMA, FMCCDavid Tepper says economy good, stock market not at high multiple currently
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09:20 EDTFMCC, FNMAOn The Fly: Pre-market Movers
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07:08 EDTFMCC, FNMACases linked to Fannie, Freddie profits rejected by judge, Reuters says
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September 24, 2014
14:47 EDTFNMAFannie Mae COO Edwards to leave company in 1H15
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September 23, 2014
10:02 EDTEVEROn The Fly: Analyst Initiation Summary
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September 22, 2014
18:27 EDTEVEREverBank Financial initiated with an Outperform at Wells Fargo
Price target range $21-$23.
September 17, 2014
13:28 EDTFMCC, FNMAWells Fargo eases lending requirements for buying apartments, Financial Times says
Wells Fargo (WFC) is easing lending requirements for apartment purchases, reports the Financial Times. In an interview, the head of Wells Fargo mortgage production Franklin Codel said, “We’re tweaking our condo approvals to make them more consistent with what Fannie Mae (FNMA) and Freddie Mac (FMCC) allow." Reference Link

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