FMCC

$1.45
+$0.02 (+1.0%)
Closing price April 9, 2020
What was missing in the Coronavirus Aid, Relief and Economic Security (CARES) Act was some protection for lenders and guarantors like Fannie Mae and Freddie Mac against massive demands for cash.
Paul Ausick
Fannie Mae is now faced with a double whammy of rising interest rates and an almost-certain collapse of homebuyers. What are the prospects for a public offering of Fannie Mae stock in 2021?
Paul Ausick
The coronavirus outbreak is having a negative impact on the housing market itself and on Fannie Mae. However, ending its conservatorship may be a bigger problem.
Paul Ausick
Democratic members of the Senate Banking, Housing and Urban Affairs Committee have sought answers about what plans the Trump administration has for lifting conservatorship of Fannie Mae.
Paul Ausick
The White House has announced a plan to overhaul Fannie Mae that includes a return to private control after recapitalization via an initial public offering.
Paul Ausick
Wednesday's top analyst upgrades, downgrades and initiations for Wednesday included Caterpillar, Chipotle Mexican Grill, Constellation Brands, Domino's Pizza, Fannie Mae, FedEx, Harley-Davidson, IBM,...
Jon C. Ogg
Freddie Mac and Fannie Mae are being sued for breach of contract for allegedly not paying promised dividends.
Chris Lange
Source: ThinkstockThe Federal Reserve issued some updates to its balance sheet and payments data on Friday, and the long and short of the matter is that you are going to see why the Fed needs to...
Jon C. Ogg
Source: ThinkstockAre Fannie Mae and Freddie Mac really still safe from the bankruptcy chamber? 24/7 Wall St. is looking for a reality check here and we find it surprising that the giant moves here...
Jon C. Ogg
If the US government is truly able to exit the mortgage credit market, that move will be a seismic shift in a 75-year old government commitment to underwrite home ownership in the US. The proposal by...
Jon C. Ogg
Bank of America Corporation (NYSE: BAC) was just listed this morning as one of the six DJIA components with the most implied upside in 2011 this morning, and part of that is already being realized on...
Jon C. Ogg
There is still free money out there if you can qualify for it… Freddie Mac (OTC: FMCC) has released its latest data on its second quarter cash-out refinancings, and the re-fi activity is up as...
Jon C. Ogg
There is another fairly unusual list of active trader and day trader alerts out there this morning.  We are seeing news and moves in Citigroup, Inc. (NYSE: C), DragonWave Inc. (NASDAQ: DRWI), Energy...
Jon C. Ogg
Fannie Mae (NYSE: FNM) (OTC-BB: FNMA) and Freddie Mac (NYSE: FRE) (OTC-BB: FMCC) have both just made their ‘public service announcements’ showing the new tickers for the shares of their common...
Jon C. Ogg