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Stock Market & Financial Investment News

News Breaks
January 30, 2014
07:47 EDTFNMAJudge Peck, to retire this week, approves Lehman, Fannie settlement, WSJ reports
In his last major decision as Lehman's bankruptcy judge before retiring this week, Judge James Peck approved Lehman Brothers Holdings' settlement with Fannie Mae over $18.9 in mortgage claims, reports the Wall Street Journal. Reference Link
News For FNMA From The Last 14 Days
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May 17, 2015
17:06 EDTFNMANomura, 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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May 12, 2015
19:52 EDTFNMANomura, RBS could pay $805M in mortgage ruling, Reuters says
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May 11, 2015
15:53 EDTFNMAJudge says Nomura misled Freddie, Fannie, HousingWire says
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