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Stock Market & Financial Investment News

News Breaks
August 22, 2014
17:18 EDTFMCC, FNMA, GSGoldman Sachs announces agreements with FHFA to repurchase $3.15B in RMBS
The Goldman Sachs Group announced that Goldman, Sachs & Co. has reached agreements with the Federal Housing Finance Agency, or FHFA, to resolve all federal and state securities law claims brought by FHFA with respect to residential mortgage-backed securities, or RMBS, purchased by Fannie Mae (FNMA) and Freddie Mac (FMCC) over the 2005-2007 period. Under the terms of the agreements, Goldman is repurchasing the RMBS for $3.15B. The costs of resolving these matters are substantially covered by reserves as of Q2.
News For GS;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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08:17 EDTGSGoldman hired by Carlyle for potential stake sale in Telecable, Reuters reports
Goldman Sachs (GS) has been hired by Carlyle (CG) to advise the company on a possible sale of its 85% stake in Telecable, a Spanish telecoms operator, Reuters reports, citing two sources. Reference Link
06:04 EDTGSGoldman seeks to target $1B in renewable energy bonds in Japan, Reuters says
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May 20, 2015
08:21 EDTGSATM data theft soars to highest rate in two decades, WSJ says
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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

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