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Senate To Release Housing Finance Reform Outline: Here's What It Means For Fannie Mae And Freddie Mac Shareholders
Monday, January 29, 2018 - 2:44pm | 434The U.S. stock market is off to a hot start to 2018, but Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are headed in the other direction, each down roughly 20 percent on the month. For better or for worse, Fannie Mae and Freddie Mac should get a...
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Fannie And Freddie Face An Uncertain Future
Thursday, January 4, 2018 - 1:37pm | 489Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors have gotten a lot of good news about the government-sponsored enterprises’ future in recent months. Unfortunately, that good news hasn't been reflected in the stocks’ share...
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Fannie Mae, Freddie Mac Preferred Shareholders Could See Huge Upside From Conversion Process
Friday, December 22, 2017 - 1:17pm | 676Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors got some good news this week when the Treasury Department and the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will be allowed to retain $3 billion of income each...
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'A Sea Change Underway': Fannie Mae, Freddie Mac To Retain Capital Again
Thursday, December 21, 2017 - 12:42pm | 535Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shares are rocking Thursday after the Treasury Department and the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will be allowed to retain a portion of their income to start...
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What's Next For Fannie And Freddie? Here's What We Know So Far
Tuesday, December 12, 2017 - 11:18am | 387A draft Senate bill addressing housing finance reform bodes well for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC), according to a Washington analyst. The Analyst Height Financial Services' Edwin Groshans. The Thesis Fannie Mae and...
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Why Fannie And Freddie Have A Path To Survival
Thursday, December 7, 2017 - 1:06pm | 436While most U.S. companies are hoping for an earnings boost from tax reform, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are simply hoping to survive. According to one analyst, reports on a newly-drafted Senate housing finance reform bill are...
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Fannie And Freddie Watch: The Latest News Out Of Washington
Thursday, November 30, 2017 - 11:00am | 421Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shares are jumping Thursday. Bloomberg reported the Treasury is discussing having Fannie Mae and Freddie Mac retain a portion of the fourth-quarter dividend payments in an effort to begin...
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How The Pace Of Home Value Growth Compares With The Pace Of US Wage Growth
Tuesday, November 28, 2017 - 10:06am | 332The United States’ median national home value popped 6.5 percent year-over-year in October to $203,400, according to a recent Zillow Group, Inc. (NASDAQ: Z) report. Unfortunately for the American worker, income didn’t grow as sharply. Average hourly wages increased from $25.90 last...
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Fannie Mae CEO Talks Fintech, Social Justice, Corporate Taxes
Tuesday, November 21, 2017 - 2:56pm | 717Federal National Mortgage Association (OTC: FNMA) CEO Timothy J. Mayopoulos spoke in a tone resonant more with social justice than with Wall Street during a Detroit visit this week. “The fundamental challenge of providing housing options that are affordable for working families is one...
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Bill Ackman: Fannie, Freddie Have Increasing Odds Of A Positive Resolution
Monday, November 20, 2017 - 12:31pm | 370Bill Ackman is as bullish as ever on Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC), but the two stocks' trading action this year suggests the market isn’t convinced. Fannie Mae and Freddie Mac stocks are trading lower by roughly 30...
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What The New GOP Tax Plan Could Mean For Fannie Mae, Freddie Mac
Monday, November 13, 2017 - 12:15pm | 436The last time Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) received a bailout, the U.S. economy was in an entirely different place. But with unemployment at a 16-year low and the economy seemingly firing on all cylinders, Fannie Mae and Freddie...
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Democratic Senators Urge Recapitalization Of Fannie Mae And Freddie Mac
Thursday, September 14, 2017 - 2:31pm | 750Federal Home Loan Mortgage Corp (OTC: FMCC) and Federal National Mortgage Association (OTC: FNMA) shares caught fire Thursday, jumping more than 11 percent each after a new letter to Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency director Mel Watt demonstrated that Congress...
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Fannie & Freddie Both Changed The Way They Talk About Their Dividends, And It's Not By Accident
Friday, August 4, 2017 - 11:36am | 415What a difference two little letters can make. Shares of Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are both up 4.8 percent this week after both government-sponsored enterprises included the word “if” in their quarterly financial...
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Fannie And Freddie Investors Hope New Unsealed Court Documents Are The Smoking Gun They Need
Friday, July 28, 2017 - 10:58am | 770The latest chapter in the Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) drama unfolded this week after a new batch of government documents were released that investors believe provide evidence of the illegality of the Treasury’s “net...
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Bipartisan Group Of Senators Working On Fannie And Freddie Behind The Scenes
Friday, May 12, 2017 - 10:30am | 469On Thursday, director of the Federal Housing Finance Agency Mel Watt reportedly testified in front of the Senate Banking Committee calling for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Association (OTC: FMCC) to begin retaining their earnings rather than...