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Stock Market & Financial Investment News

News Breaks
March 3, 2014
05:34 EDTFNMA, FMCCBerkowitz blasts Fannie, Freddie for ignoring shareholder rights, WSJ reports
Mutual-fund investor Bruce Berkowitz of Fairholme Funds has written letters to the boards of Fannie Mae (FNMA) and Freddie Mac (FMCC), calling out directors for not protecting the rights of shareholders, and increasing the stakes in his attempt let investors share in the spoils of the newly profitable mortgage-finance firms, reports the Wall Street Journal. Reference Link
News For FNMA;FMCC From The Last 14 Days
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August 27, 2014
09:54 EDTFNMAFannie Mae strength attributed to circulation of job posting
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August 22, 2014
17:18 EDTFMCC, FNMAGoldman Sachs announces agreements with FHFA to repurchase $3.15B in RMBS
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August 20, 2014
09:03 EDTFMCC, FNMASpread of unrest beyond Ferguson would be positive for GSEs, says Rafferty
Rafferty Capital's Dick Bove indicates that he believes that if the unrest in Ferguson spreads, Congress would increase housing subsidies, benefiting the GSEs, Fannie Mae (FNMA) and Freddie Mac (FMCC).

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