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Freddie Mac ( OTCQB:FMCC +2.3% ) rose as much as 5.5% and Fannie Mae ( OTCQB:FNMA +1.7% ) added as much as 4.5% during the session after the two mortgage giants in separate comment letters said new capital requirements proposed by the Federal Housing Finance Agenc...
Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) are two companies in conservatorship that is run by the Federal Housing Finance Agency (FHFA). Mark Calabria who wrote the law that governs FHFA, HERA 2008 , was made director of FHFA by Trump to change the course of history from one where FHFA too...
WASHINGTON , Aug. 27, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) has appointed Jeffery Hayward to the newly created position of Executive Vice President and Chief Administrative Officer and Michele Evans as Executive Vice President and Head of Multifamily, effective immediately. Ha...
This article is part of a series that provides an ongoing analysis of the changes made to Carl Icahn's 13F portfolio on a quarterly basis. It is based on Icahn's regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Carl Icahn's Portfolio series to get an idea of his investmen...
As the COVID-19 pandemic continues to keep the U.S. unemployment rate high, Freddie Mac ( OTCQB:FMCC ) and Fannie Mae ( OTCQB:FNMA -0.2% ) both extend their temporary halt on foreclosures and evictions until the end of the year. More news on: Freddie Mac, Federal National Mortgage ...
WASHINGTON , Aug. 27, 2020 /PRNewswire/ -- To support households impacted by COVID-19, Fannie Mae (OTCQB: FNMA) today announced an extension of the temporary moratorium on foreclosures and evictions until December 31, 2020 . The moratorium, which was previously set to expire on Aug...
Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) are two companies that the Federal Housing Finance Agency (FHFA) is preparing to raise capital as part of a Treasury centric plan to end the conservatorships. Until late last year, the conservatorships were run by an FHFA that was built around plund...
Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) are about to split their stocks, and both have been going higher since making their announcements. Is a split really a meaningless numbers game, or does it add actual value for investors? Also, reports are showing that short-selling is at a 1...
WASHINGTON , Aug. 26, 2020 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding those impacted by Hurricane Laura and the California Wildfires of available mortgage assistance and disaster relief options. Under Fannie Mae's guidelines for single-family mortgages impacted by a ...
To review, the FHFA about two weeks ago proposed an "adverse-market" refinance fee of 0.5% to being on September 1 for all refinance mortgages backed by Fannie Mae ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC ) . The bizarrely-timed proposal immediately got the politically well-connected...
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Fannie Mae Releases May 2024 Monthly Summary PR Newswire WASHINGTON , June 27, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) May 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-t...
Unaffordability Expected to Remain Primary Constraint on Home Sales PR Newswire Rise in Listings Likely Means Many Homeowners No Longer Willing to Delay Moving WASHINGTON , June 21, 2024 /PRNewswire/ -- Affordability constraints continue to limit the numb...
Fannie Mae Executes its Fourth Credit Insurance Risk Transfer Transaction of 2024 on $12.1 Billion of Single-Family Loans PR Newswire WASHINGTON , June 11, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTC) announced today that it has executed a new Credit Insurance Risk...