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Stock Market & Financial Investment News

News Breaks
May 9, 2014
07:58 EDTFMCC, FNMAFannie-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
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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
May 14, 2015
09:31 EDTFNMAJPMorgan to buy $45B in mortgage servicing rights from Ocwen
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