New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 13, 2014
07:25 EDTWFC, FNMA, FMCCWells Fargo CFO says U.S. economy growing at about 2% rate
Wells Fargo CFO Tim Sloan told CNBC that he's "pretty optimistic" on the U.S. economy. He said the bank wants to increase the dividend again this year. Sloan also says Fannie Mae (FNMA), Freddie Mac (FMCC) reform in the right direction.
News For WFC;FNMA;FMCC From The Last 14 Days
Check below for free stories on WFC;FNMA;FMCC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 20, 2014
09:03 EDTFNMA, FMCCSpread of unrest beyond Ferguson would be positive for GSEs, says Rafferty
Rafferty Capital's Dick Bove indicates that he believes that if the unrest in Ferguson spreads, Congress would increase housing subsidies, benefiting the GSEs, Fannie Mae (FNMA) and Freddie Mac (FMCC).
06:02 EDTWFCWells Fargo wins approval for $62.5M settlement, Charlotte Observer says
Subscribe for More Information
August 19, 2014
13:42 EDTWFCWells Fargo looks to bulk up asset-management business, WSJ says
Wells Fargo is looking to increase the size of its asset-management business to over $1T over the next decade by making acquisitions of smaller asset managers and more aggressive sales to larger investors, says the Wall Street Journal. Reference Link
August 18, 2014
09:35 EDTWFCActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AMZN DG TSLA GILD FB ABX WFC C
August 15, 2014
07:44 EDTFMCC, FNMAAckman sues government over Fannie, Freddie, Reuters reports
Subscribe for More Information
August 12, 2014
07:48 EDTWFCBanks posted second-highest profit in 23 years in second quarter, WSJ says
Subscribe for More Information
07:12 EDTWFCWells Fargo sells nearly $1.3B in troubled mortgage debt, Bloomberg says
Subscribe for More Information
August 8, 2014
07:18 EDTWFCRegulators direct banks to steer mortgage aid to hard-hit areas, FT says
Subscribe for More Information
August 7, 2014
08:23 EDTWFCL.A. suit against JPMorgan over mortgage lending dismissed, Reuters reports
Subscribe for More Information
08:22 EDTFMCCFreddie Mac repeats recent earnings not sustainable over long term
Subscribe for More Information
08:21 EDTFMCCFreddie Mac reports Q2 net income $1.4B vs. $4.0B in Q1
Reports Q2 comprehensive income $1.9B, compared to $4.5B in Q1. Q2 financial results were primarily driven by credit cycle recovery items, including lower income from legal settlements on private-label securities of $0.4B versus $4.5B in Q1 and a shift to credit provision income of $0.6B from credit provision expense of $0.1B in Q1. Delinquency rates remained below industry benchmarks, with a single-family serious delinquency rate of 2.07% compared to 2.79% at June 30, 2013 and a multifamily delinquency rate of 0.02% in Q2.
07:34 EDTFNMAFannie Mae reports Q2 net income of $3.7B, comprehensive income $3.7B
Reports Q2 revenue $5.29B, one estimate $4.7B; Reports Q2 positive net worth of $6.1B, and expects to pay $3.7B to Treasury in September as a dividend on the senior preferred stock.
August 6, 2014
12:49 EDTWFCWells Fargo sees potential legal losses up to $1.2B above reserves
Subscribe for More Information
07:43 EDTWFCWells Fargo relaxes 'jumbo' mortgage guidelines, Reuters says
Subscribe for More Information
06:40 EDTWFCWells Fargo volatility at two-year average
Subscribe for More Information
06:23 EDTWFCSecurities Industry & Financial Markets Association to hold a seminar
Compliance & Legal Society Regional Seminar to be held in San Francisco on August 6.
06:19 EDTWFCCFA Society of Minnesota to hold a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use