|Bid||0.00 x 3000000|
|Ask||0.00 x 3000000|
|Day's Range||1.15 - 1.24|
|52 Week Range||1.02 - 2.77|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Love him or hate him, Treasury Secretary Steven Mnuchin may be the best and last hope for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors. Current FHFA president Mel Watt’s term is ending Jan. 6, Fannie Mae CEO Tim Mayopoulos is stepping down Oct. 15, and Freddie Mac CEO Don Layton is resigning in the second half of 2019.
Moody's Investors Service has assigned a Aaa rating to the proposed $64 million of Minnesota Housing Finance Agency ("Minnesota Housing" or the "Agency") Homeownership Finance Bonds, 2018 Series G (Non AMT) (Mortgage-Backed Securities Pass-Through Program) and 2018 Series H (Taxable) (Mortgage-Backed Securities Pass-Through Program) (the "2018 Bonds"). The Aaa ratings on all outstanding Homeownership Finance Bonds have also been maintained.
Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors received more bad news last week when U.S. District Judge Royce Lamberth dismissed the majority of the claims against Fannie Mae and Freddie Mac in a shareholder lawsuit against the two government-sponsored enterprises. While most claims were dismissed, there was one major exception when Lamberth ruled that the GSE net worth sweep, in which the government seized all of Fannie and Freddie’s profits indefinitely, may in fact be a violation of good faith.
Moody's Investors Service has affirmed Aaa on Texas Children's Hospital Special Obligation Taxable Refunding Bonds Series 2014. The security for the bonds is derived from released escrow securities from the Harris County Health Facilities Development Corporation Hospital Revenue Bonds (Texas Children's Hospital Project) Series 1999A ("Prior Refunded Bonds").
ASSIGNMENTS: Custodial Receipts (Barclays RIB), Custodial Receipts, RIB Floater Trust US$ 9.50M 5.00% Series 2018-FR/RI-014D due 2032 ...Aa2 (Barclays Bank PLC/ Letter of Credit - Direct Pay) Custodial ...
A major leadership transition in Washington could be imminent, and Height Capital Markets analyst Ed Groshans said this week that it could be a potential catalyst for Fannie Mae and Freddie Mac. Fannie and Freddie stocks are now down 41.5 percent and 37.7 percent, respectively, in 2018 and have traded essentially flat since the 2016 election.
Moody's Investors Service has upgraded the ratings of 31 tranches from seven transactions issued by the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) and backed by RMBS loans.
Moody's Investors Service has assigned Aaa to the proposed $68,835,000 Indiana Housing & Community Development Authority's (IHCDA) Single Family Mortgage Revenue Bonds, 2018 Series A. At this time, we are also maintaining the Aaa ratings on all outstanding parity Single Family Mortgage Revenue Bonds. The Aaa rating is based on the program's strong financial position, high quality Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) mortgage backed securities (MBS), a sound legal structure, cash flow projections that exhibit sufficient revenues to pay timely debt service under various stressful scenarios and satisfactory management.
Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On July 11, 1986 , the Federal National Mortgage Association (OTC: FNMA ) issued the first ...
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? The Dow closed at 96.94. Today, the Dow is trading at 24,535.30 and the S&P 500 is trading at 2,742.62. What Else Was Going On In The World?
The U.S. Supreme Court rescindes the appeal filed by Nomura Holdings (NMR) and Royal Bank of Scotland (RBS) to overturn a settlement worth $839 million.
The White House has introduced a housing finance reform plan, but the market isn’t too optimistic about a positive outcome for Federal Home Loan Mortgage Corp (OTC: FMCC) and Federal National Mortgage Association (OTC: FNMA). The proposal includes ending Fannie Mae and Freddie Mac’s conservatorship, scaling back their presence in the housing market, providing explicit — but limited — federal guarantees on their mortgage-backed securities and moving affordable housing programs to the Department of Housing and Urban Development.
Moody's Investors Service has assigned a rating of Aa2 to the proposed approximately $201 million of New York State Housing Finance Agency (the "Agency" or "NYS HFA") Affordable Housing Revenue Bonds, 2018 Series F (Climate Bond Certified/Green Bonds), and Affordable Housing Revenue Bonds, 2018 Series G (the "2018 Series F and G Bonds"). Moody's also maintains a Aa2 rating with a stable outlook on all outstanding parity debt issued under the Agency's General Resolution adopted on August 2007 (the "Resolution").
NEW YORK, NY / ACCESSWIRE / June 13, 2018 / U.S. markets were relatively quiet following the summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore. The Dow Jones Industrial ...
Shareholder Rights Law Firm Johnson Fistel today announced they are investigating Federal National Mortgage Association (Other OTC: FNMA) ("Fannie Mae") and Federal Home Loan Mortgage Corporation (Other OTC: FMCC) ("Freddie Mac").
Shareholder rights law firm Robbins Arroyo LLP is investigating whether Federal National Mortgage Association and Federal Home Loan Mortgage Corporation engaged in unsecured bond price manipulation.
In the weeks following President Trump’s election in 2016, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) stocks skyrocketed on the hopes that a long-awaited resolution to the government-sponsored enterprises’ situation might finally be just around the corner. Height Capital Markets analyst Ed Groshans on Monday said investors shouldn’t expect that resolution by the end of 2018. Senate Banking Committee chair Mike Crapo has insisted housing finance reform is a high priority, but Crapo also recently conceded there's simply not enough time remaining to tackle the issue in the current session of Congress.
For the first time since 2012, Federal National Mortgage Association (OTC: FNMA ) and Federal Home Loan Mortgage Corp (OTC: FMCC ) needed taxpayer bailout funds to cover quarterly losses. Fannie Mae and ...
The 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 ...
Announcement: Moody's Fully Supported Municipal& IRB Deals. Global Credit Research- 10 Jan 2018. New York, January 10, 2018-- ASSIGNMENTS:.
NEW YORK, NY / ACCESSWIRE / January 8, 2018 / U.S. markets continued their impressive run on Friday to close the week with impressive gains. Both the Dow and the Nasdaq have posted its largest four-day ...
In case you missed it, here are some of Benzinga's top stories from Thursday, Jan. 4, 2018. Meet TRON A cryptocurrency that’s gained nearly 10,000 percent in a matter of months, TRON is still managing ...