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Stock Market & Financial Investment News

News Breaks
May 12, 2013
20:39 EDTFMCC, FNMAFannie Mae, Freddie Mac could be in trouble, Barron's warns
If the government continues to take profits over the next ten years, instead of letting the mortgage outfits out of the "conservatorship" program, the companies could be left for dead, Barron's warns in the D.C. Current column. Reference Link
News For FNMA;FMCC From The Last 14 Days
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May 26, 2015
16:56 EDTFMCCFreddie Mac auctioned over a thousand deeply delinquent loans
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May 17, 2015
17:06 EDTFMCC, FNMANomura, 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

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