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Why Fannie And Freddie Sellers May Be Misinterpreting Housing Reform Plan
Friday, September 6, 2019 - 2:12pm | 758After 11 years under government control, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) finally have a plan for exiting conservatorship. Unfortunately, the new Treasury Department plan unveiled by the Trump administration on Thursday is sparse on...
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Trump Seeks To End Conservatorship Of Fannie And Freddie In Housing Finance System Overhaul
Wednesday, March 27, 2019 - 3:11pm | 626The White House announced on Wednesday that, after years of waiting, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) will finally be free of their government conservatorship. What Happened President Trump is expected to sign a memorandum initiating...
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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...
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Janet Yellen Expresses Optimism, But Says Economy Is Not 'Close to Full Recovery'
Tuesday, February 11, 2014 - 4:02pm | 560As testimony continued in a manner one blogger described as a "remarkably slow cadence," incoming Federal Reserve Chairwoman, Janet Yellen, told Congress Tuesday that the central bank remains optimistic on the economy and was determined to retreat from its stimulus program slowly. In prepared...