-
Fintech Focus For April 28, 2021
Tuesday, April 27, 2021 - 6:45pm | 2055Quote To Start The Day: "People who succeed have momentum. The more they succeed, the more they want to succeed and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy."...
-
Here's How Much Investing $100 In Fannie Mae Stock Back In 2010 Would Be Worth Today
Friday, March 27, 2020 - 11:40am | 566Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks didn’t keep pace along the way. Fannie Mae’s Difficult Decade One market...
-
Dollar Volume In GBTC More Than Doubled In January, As Coronavirus Fears Spurred A Crypto Rally
Monday, February 24, 2020 - 11:34am | 1509The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Nearly $24 billion worth of shares traded on OTC Markets last month, down about 2% from December. There were a number of significant...
-
These OTC Market-Traded Securities Had The Largest Volume Increases In August
Monday, September 30, 2019 - 9:01am | 1421This article is from Benzinga’s Partner Content team Roughly 5.7 billion shares traded on the OTCQX Best Market in August, the most transparent of OTC Markets’ three tiers. That volume was 3.5x the volume on the second tier, the OTCQB Venture Market, which had 1.6 billion shares trade...
-
Tilson: Fannie Mae 'Reminds Me Of My Best Investment Ever'
Wednesday, September 25, 2019 - 10:22am | 554Since former hedge fund manager Whitney Tilson made a bullish call on Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) on Sept. 5, the two stocks are each up more than 40%. In his newsletter this week, Tilson reiterated his bullish stance that GSE...
-
The Most Actively Traded Stocks On OTC Markets In July
Monday, August 26, 2019 - 11:02am | 1607This post is from Benzinga's Partner Content team More than 4 billion shares—or $7.7 billion—exchanged hands on the OTCQX Best Market and OTCQB Venture Market in July. These were the most active individual securities on each of the top tiers of OTC Markets. OTCQX Market ...
-
The First Half Of 2019 On OTC Markets: By The Numbers
Thursday, August 8, 2019 - 10:49am | 717With the second half of 2019 well underway, let’s take a look back at 10 numbers that defined the activity on OTC Markets through the first six months of the year. 1) 187 The number of securities that joined the OTCQX and OTCQB Markets in the first half of the year—60 joined...
-
What You Need To Know About Changing Debt-To-Income Ratio, Mortgage Qualifications
Thursday, July 25, 2019 - 5:53pm | 603Fannie Mae, Freddie Mac and Ginnie Mae control about 70% of single-family mortgage originations. Although they are not quick to change the qualification standards, the government-sponsored enterprises frequently play with the debt-to-income ratio, or DTI. What The Ratio Means For...
-
These Were The Most Actively Traded Stocks On The OTC Markets In February
Friday, March 8, 2019 - 3:07pm | 1617As we highlighted last month, preferred shares of Fannie Mae and Freddie Mac experienced dramatic increases in dollar trading volume to start 2019. That was not the case in February however, as dollar volume in the mortgage liquidity providers receded back to normal levels. While different share...
-
Dick Bove: Calabria Will 'Probably Seek Little' For Fannie And Freddie Common Shareholders
Tuesday, February 19, 2019 - 12:04pm | 716Government-sponsored enterprises Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) have sprung back to life in 2019, with both stocks up more than 139 percent year-to-date. After years of disappointment for investors, one prominent voice on Wall...
-
Fannie Mae And Freddie Mac Saw Massive Increases In Trading Volume In January
Monday, February 11, 2019 - 12:08pm | 1550Trading data from OTC Markets Group shows that shares of government-sponsored entities Fannie Mae and Freddie Mac saw a dramatic increase in dollar trading volume last month. Common shares of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) experienced 795 percent and 529 percent month-over-...
-
C-Suite Shakeups Could Change The Course Of Fannie And Freddie's Conservatorship
Friday, October 12, 2018 - 3:29pm | 435Love him or hate him, Treasury Secretary Steven Mnuchin may be the best and last hope for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors. Mnuchin’s ability to assemble a “dream team” of cooperators as heads of Fannie Mae...
-
Fannie And Freddie Investors Find A Silver Lining Amid Claim Dismissals
Tuesday, October 2, 2018 - 2:33pm | 548Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors received more bad news last week when U.S. District Judge Royce Lamberth dismissed the majority of the claims against Fannie Mae and Freddie Mac in a shareholder lawsuit against the two...
-
Fannie, Freddie's Fate Could Rest On Potential Trump Nominee
Saturday, August 11, 2018 - 2:14pm | 486Donald Trump's presidency hasn’t provided the beacon of hope Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors had hoped it would. A major leadership transition in Washington could be imminent, and Height Capital Markets...
-
Fannie Mae And Freddie Mac Q4 Earnings Recap
Thursday, February 15, 2018 - 10:55am | 459For the first time since 2012, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) needed taxpayer bailout funds to cover quarterly losses. Fannie Mae and Freddie Mac each reported large fourth-quarter losses after absorbing a one-time drop in the value...