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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
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July 17, 2014
18:41 EDTFNMAFannie Mae increases yields on risk-sharing debt issue, WSJ reports
Fannie Mae increased yields on its biggest issue of debt that offsets its risks of guaranteeing mortgages, The Wall Stree Journal reports. Reference Link
07:13 EDTFMCC, FNMAWatchdog says Fannie, Freddie making riskier agreements, Reuters says
The Federal Housing Finance Agency Office of Inspector General said in a report that Fannie Mae (FNMA) and Freddie Mac (FMCC) are engaging in riskier agreements as they increasingly buy mortgages from smaller lenders, according to Reuters, citing comments from the watchdog. Reference Link
July 11, 2014
09:09 EDTFMCC, FNMAOn The Fly: Pre-market Movers
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