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Stock Market & Financial Investment News

News Breaks
December 17, 2012
15:27 EDTSNBC, FMCCSun Bancorp names Albert J. Celini Chief Risk Officer
Sun National Bank has named Albert J. Celini executive VP and Chief Risk Officer. Celini will oversee the credit, operational and market risk management of the bank and work closely with Sun's legal and compliance teams to manage and mitigate regulatory risk. Prior to joining Sun, Celini was VP, Regulatory Advisory & Strategy at Freddie Mac (FMCC) in McLean, VA.
News For SNBC;FMCC From The Last 14 Days
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July 27, 2015
08:46 EDTSNBCSun Bancorp reports Q2 EPS 15c, consensus 1c
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July 17, 2015
12:37 EDTFMCCFreddie Mac to expand risk-sharing efforts, Bloomberg reports
Freddie Mac (FMCC) plans to expand its risk-sharing efforts designed to protect taxpayers and potentially prepare the U.S. home loan market for its future, Bloomberg reports, citing a person familiar with the matter. In a planned $300M offering of mortgage-backed securities managed by Credit Suisse (CS), the government-backed company is set to sell $22.5M of junior ranking bonds without guarantees, the report says. Freddie Mac intends to hold a call for investors next week to discuss the transaction, the report adds. Reference Link
July 16, 2015
07:19 EDTFMCCBipartisan Policy Center to hold a discussion on housing finance reform
With the seventh anniversary of government conservatorships of Freddie Mac and Fannie Mae approaching, Representatives Neugebauer and Delaney discuss the prospects for housing finance reform during the remainder of this session of Congress in a discussion being held in Washington, D.C. on July 16 at 1:30 pm. Webcast Link

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