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Stock Market & Financial Investment News

News Breaks
February 21, 2014
07:48 EDTFNMAFannie Mae reports Q4 EPS (25c), may not compare to one estimate 60c
Reports Q4 revenue $6.99B, one estimate $5.27B. Reports Q4 net income $6.5B. Reports Q4 NII $4.85B.
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September 17, 2014
13:28 EDTFNMAWells 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
September 16, 2014
09:11 EDTFNMAFannie Mae prices $986M multifamily DUS REMIC under GeMS program
September 12, 2014
16:22 EDTFNMAHSBC confirms settlement agreement with FHFA
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13:27 EDTFNMAHSBC pays $600M to resolve FHFA mortgage bond allegations, WSJ says
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