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Stock Market & Financial Investment News

News Breaks
January 14, 2014
05:40 EDTFNMA, FMCCFBI bulletin: Traders may be front running Fannie, Freddie, Reuters reports
An FBI intelligence bulletin says Wall Street traders may be manipulating a key derivatives market and front running Fannie Mae (FNMA) and Freddie Mac (FMCC), negatively affecting the mortgage firms, reports Reuters. Reference Link
News For FNMA;FMCC From The Last 14 Days
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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
September 16, 2014
09:11 EDTFNMAFannie Mae prices $986M multifamily DUS REMIC under GeMS program
September 12, 2014
16:22 EDTFMCC, FNMAHSBC confirms settlement agreement with FHFA
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13:27 EDTFMCC, FNMAHSBC pays $600M to resolve FHFA mortgage bond allegations, WSJ says
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