New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 9, 2014
07:58 EDTFNMA, FMCCFannie-Freddie overhaul opposed by key Dems, talks break down, WSJ says
Talks have broken down between members of the Senate Banking Committee and a group of key Democrats regarding a potential overhaul of government-sponsored enterprises Fannie Mae (FNMA) and Freddie Mac (FMCC), raising the prospect that a reform bill won't advance further this year, said The Wall Street Journal, citing people familiar with the matter. Reference Link
News For FNMA;FMCC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 24, 2014
18:52 EDTFNMAFannie Mae reaches shareholder lawsuit settlement for $170M, Reuters reports
Fannie Mae has settled a shareholder lawsuit for $170M, Reuters reports. The settlement will pay $123.8M to common stockholders and $46.2M to preferred stockholders between November 8, 2006, and September 5, 2008, Reuters added. The lawsuit accused Fannie Mae of defrauding its shareholders and pumping its stock by issuing false and misleading statements during the 2008 financial crisis. Reference Link
October 20, 2014
15:08 EDTFMCC, FNMAHousing regulator reveals plan to ease tight credit, NY Times says
Subscribe for More Information
13:40 EDTFNMAFannie Mae appoints Brian Brooks general counsel
Fannie Mae announced it has appointed Brian P. Brooks as EVP, general counsel, and corporate secretary effective November 10. Brooks joins Fannie Mae from OneWest Bank where he was vice chairman and chief legal officer. Reference Link
October 19, 2014
16:17 EDTFMCC, FNMAFannie Mae, Freddie Mac near deal to loosen lending, WSJ says
Fannie Mae (FNMA), Freddie Mac (FMCC) together with mortgage lenders are near to an arrangement that would lower barriers and lending standards on home buyers with weak credit, says the Wall Street Journal. Reference Link
October 17, 2014
12:26 EDTFMCC, FNMAFannie Mae, Freddie Mac close to deal to boost mortgage lending, WSJ reports
Subscribe for More Information
October 16, 2014
07:03 EDTFMCCThe FDIC to hold a symposium
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use