- Reuters•3 days ago
U.S. mortgage finance provider Fannie Mae said on Friday it will pay the Treasury $5.5 billion in dividends in March, but warned that it would face losses and again require taxpayer support if President Donald Trump's pledge to slash corporate taxes comes to fruition. A significant cut in corporate tax rates, from the current marginal federal rate of 35 percent, would result in Fannie having to write down its deferred tax assets, according to the government-sponsored enterprise. If the write-down were greater than its capital, Fannie said, it would have to draw on its credit line with the U.S. Treasury Department, as occurred during the global financial crisis more than eight years ago.
- Marketwired•3 days ago
Freddie Mac announced today a $759 million non-performing loan transaction, an auction of seasoned non-performing residential whole loans held in Freddie Mac's mortgage investment portfolio. The NPLs are ...
- MarketWatch•3 days ago
Government-backed mortgage giants Fannie Mae and Freddie Mac are paying a combined $10 billion dividend to the U.S. Treasury, a sign of how a revived housing market is allowing the once-ailing firms to ...
FMCC : Summary for FREDDIE MAC - Yahoo Finance
Federal Home Loan Mortgage Corporation (FMCC)
Other OTC - Other OTC Delayed Price. Currency in USD
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|Day's Range||3.95 - 4.01|
|52 Week Range||1.46 - 4.84|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||90.68|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|