Previous Close | 4.0500 |
Open | 4.1100 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 3.9600 - 4.1500 |
52 Week Range | 1.4500 - 4.8050 |
Volume | |
Avg. Volume | 900,366 |
Market Cap | 5.05B |
Beta (5Y Monthly) | 1.32 |
PE Ratio (TTM) | 570.00 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Sep 11, 2008 |
1y Target Est | N/A |
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Every weekday morning, New York Community Bancorp executive James Carpenter got a call from commercial mortgage broker Ralph Herzka. The close relationship between NYCB and Herzka’s firm, Meridian Capital Group, was unusual in the industry. Together, the companies rode the New York property boom fueled by low interest rates, going from local upstarts to major players in the real-estate world.
“Did my parents dream of having a home? Was that home what changed the trajectory of our life? Absolutely,” said Fannie Mae CEO Priscilla Almodovar.
Fannie Mae now says mortgage rates will stay above 6% through 2025, after predicting last month that the average 30-year fixed mortgage would drop below 6% by the end of this year.