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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 28, 2014
19:08 EDTSNBCSun Bancorp names Katsoulis Chief Lending Officer, Morris Chief Banking Officer
Sun Bancorp announced that it has agreed to hire Nicos Katsoulis as its executive VP and Chief Lending Officer. The bank also announced that it has agreed to hire Nicos Katsoulis as its executive VP and Chief Lending Officer. Flaviano Sabater will be joining the Bank on August 4 as its Chief Auditor.
July 27, 2014
16:14 EDTFMCCGoldman close to settling FHFA suit on faulty mortgage claims, Bloomberg says
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10:45 EDTFMCCFannie, 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
July 17, 2014
07:13 EDTFMCCWatchdog says Fannie, Freddie making riskier agreements, Reuters says
The Federal Housing Finance Agency Office of Inspector General said in a report that Fannie Mae (FNMA) and Freddie Mac (FMCC) are engaging in riskier agreements as they increasingly buy mortgages from smaller lenders, according to Reuters, citing comments from the watchdog. Reference Link

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