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Stock Market & Financial Investment News

News Breaks
December 19, 2012
16:11 EDTFMCCFreddie Mac CFO Ross Kari to retire in 2H13
Freddie Mac announced that its CFO, Ross J. Kari, has informed the company of his intent to retire in 2H13 following his 55th birthday. Kari has committed to stay with Freddie Mac until after a successor is appointed and a transition has taken place.
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May 17, 2015
17:06 EDTFMCCNomura, RBS ordered to pay $806M to Fannie, Freddie, Reuters says
U.S. District Judge Denise Cote has ordered Nomura (NMR) and RBS (RBS) to pay a total of $806M for allegedly misleading Fannie Mae (FNMA) and Freddie Mac (FMCC), Reuters reported Friday, citing court proceedings and a person familiar with the matter. Reuters notes that Fannie is set to receive $26.6M from the ruling, while Freddie will receive $779.4M. Reference Link
May 12, 2015
19:52 EDTFMCCNomura, RBS could pay $805M in mortgage ruling, Reuters says
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07:48 EDTFMCCStandard & Poor's to hold a summit
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May 11, 2015
15:53 EDTFMCCJudge says Nomura misled Freddie, Fannie, HousingWire says
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