|Bid||2.545 x 0|
|Ask||2.574 x 0|
|Day's Range||2.557 - 2.557|
|52 Week Range||1.567 - 4.590|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Bill Ackman, CEO of Pershing Square, says Fannie Mae and Freddie Mac are the 'last piece of unfinished business' from the 2008 financial crisis. Yahoo Finance's Julia La Roche speaks with activist investor Bill Ackman.
Sep.12 -- The nation’s highest courts are hearing from a lot of "friends" these days -- outside parties who weigh in on consequential judicial decisions by filing legal briefs. Bloomberg's Zach Mider has more on "Bloomberg Markets."
Individuals who live in areas affected by the recent blazes may be able to postpone upcoming mortgage and tax payments.
There has been a sudden burst of optimism among potential homebuyers in a monthly sentiment survey from Fannie Mae.
The 2nd U.S. Circuit Court of Appeals in New York rescinds appeal filed by two of the world's biggest banks -- Nomura Holdings (NMR) and The Royal Bank of Scotland Group (RBS) -- to overturn a settlement agreed in 2015.
Fannie Mae and Freddie Mac may one day stop paying billions of dollars in dividends to the U.S. government. But not today.
Rating Action: Moody's takes action on $2.1 Billion of RMBS issued from 2014-2015. Global Credit Research- 28 Sep 2017. New York, September 28, 2017-- Moody's Investors Service has upgraded the ratings ...
Nomura Holdings Inc and Royal Bank of Scotland Group Plc (RBS.L) lost a U.S. court appeal on Thursday to overturn an order requiring them to pay $839 million for making false statements while selling mortgage-backed securities to Fannie Mae (FNMA.PK) and Freddie Mac(FMCC.PK). A unanimous panel of the U.S. Court of Appeals for the 2nd Circuit in New York, however, rejected that and other arguments. Representatives of Nomura and RBS declined to comment.
For nearly a decade, “wait ’til next year” has been the refrain for proponents of overhauling mortgage giants Fannie Mae and Freddie Mac. For U.S. Senator Bob Corker, arguably the biggest advocate of that ...
A subsidiary of Lennar Corp. plans to introduce on Tuesday a program under which it will pay off a significant chunk of the student loan of a borrower who purchases a home from the Miami-based builder....
Some had hoped mortgage firms Fannie Mae and Freddie Mac would be getting a new life under the Trump administration, but an overhaul of the companies has been crowded out by matters such as taxes, immigration ...
NEW YORK, NY / ACCESSWIRE / September 15, 2017 / The Dow Jones Industrial Average closed at a new record high for the third consecutive session on the strength of Boeing and United Technologies, while ...
Treasury Secretary Steven Mnuchin said plans for overhauling Fannie Mae and Freddie Mac won’t be addressed until next year, adding that he expects the companies to continue turning over their profits to ...
Texas homeowners may be unable to make mortgage payments in the coming months, if a pattern similar to the one seen in Katrina holds.
U.S. mortgage agencies face possible losses on some of the 400,000 mortgages they guarantee on homes ravaged by Hurricane Harvey, but they will not know the extent of the damage until the wind and rain stop in Texas and Louisiana. Some of the structures may not have flood insurance, which may result in homeowners abandoning the buildings because they will not have the money to rebuild.
Fannie Mae said 36,583 single-family homes whose mortgages it guarantees were in the initial impact area of Harvey, the most powerful storm to hit Texas in more than 50 years. These homes in Harvey's path ...
NEW YORK, NY / ACCESSWIRE / August 17, 2017 / U.S. markets closed up slightly after minutes from the latest Federal Reserve meeting showed policymakers were split on an interest-rate increase and as news ...
Investors are snapping up a new type of security sold by Fannie Mae and Freddie Mac, assuming the risks of mortgage defaults and powering a quiet transformation of the housing giants.
Mortgage company PHH Corp will pay nearly $74.5 million to resolve claims it generated defective loans that the federal government then insured and Fannie Mae and Freddie Mac bought, The U.S. Justice Department said on Tuesday. The deal with Mount Laurel, New Jersey-based PHH follows settlements between the Justice Department and financial companies over shoddy mortgage loans in recent years in the wake of the 2007-2009 financial crisis. "This significant resolution helps rectify the misconduct by returning more than $74 million in wrongfully claimed funds to the government," Gregory Brooker, the acting U.S. attorney in Minnesota, said in a statement.
The stress tests mandated by Dodd-Frank Act show some improvement for the mortgage providers compared to last year.