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Stock Market & Financial Investment News

News Breaks
July 27, 2014
10:45 EDTFNMA, FMCCFannie, Freddie prefered, common holders could still be wiped out, Barron's says
Fannie Mae (FNMA) and Freddie Mac's (FMCC) preferred and common shareholders could still get wiped out despite recent gains, Barron's argues in a follow up article. Reference Link
News For FNMA;FMCC From The Last 14 Days
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October 1, 2014
07:08 EDTFMCC, FNMACases linked to Fannie, Freddie profits rejected by judge, Reuters says
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September 24, 2014
14:47 EDTFNMAFannie Mae COO Edwards to leave company in 1H15
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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

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