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Stock Market & Financial Investment News

News Breaks
October 4, 2012
06:12 EDTFNMA, FMCCWith mortgage rates low, many banks won't lend, WSJ reports
Thousands of potential homeowners can't get a mortgage because lenders, facing a hard-line stance from Fannie Mae (FNMA) and Freddie Mac(FMCC), won't make new loans. This is happening as the average rate on a 30-year fixed-rate mortgage was 3.53% last week, according to the Mortgage Bankers Association, the lowest rate since at least the 1950s. Reference Link
News For FNMA;FMCC From The Last 14 Days
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June 17, 2013
11:13 EDTFNMA, FMCCJames Lockhart says can't see value in Fannie, Freddie shares
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05:48 EDTFMCC, FNMAFannie, Freddie getting congressional attention, WSJ reports
Congress is finally getting ready to tackle an issue that Washington has mostly ignored for nearly five years: What to do with Fannie Mae (FNMA) and Freddie Mac (FMCC), the bailed-out but now-profitable mortgage companies, reports the Wall Street Journal. In the Senate, work has begun on a bipartisan bill that would replace Fannie and Freddie within five years with a new "public guarantor" as part of a broader framework designed to wean the government back from its outsized role backstopping the nation's $10T mortgage market.Reference Link
June 11, 2013
07:46 EDTFMCC, FNMAFBR sees little, if any, value in Fannie and Freddie shares
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07:21 EDTFMCC, FNMAFannie, Freddie shareholders sue U.S. over 2008 takeover, Bloomberg reports
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06:06 EDTFMCC, FNMAOn the Fly: Periodicals Wrap-Up
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June 10, 2013
07:48 EDTFNMA, FMCCKeefe Bruyette keeps $0 price targets on Fannie, Freddie
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