FMCC
$1.30
-$0.03 (-2.3%)
Closing price April 17, 2024
The U.S. Supreme Court has ruled against a group of hedge funds seeking a distribution from some $100 billion in the profits of government-sponsored enterprises Fannie Mae and Freddie Mac.
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A coming change to rules governing the percentage of mortgages Fannie Mae and Freddie Mac can buy for loans on second homes could cripple the vacation home market.
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Treasury Secretary Steven Mnuchin has thrown cold water on plans to move ahead with privatizing mortgage giants Fannie Mae and Freddie Mac before the Biden administration takes office.
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New talks about taking mortgage giants Fannie Mae and Freddie Mac private have driven share prices up sharply. Is something really going to happen?
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A new research report maintains Buy ratings on shares of Fannie Mae and Freddie Mac even as the U.S. Supreme Court has agreed to rule on a claim by current shareholders that could redistribute some...
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The Supreme Court has agreed to hear a case brought by investors in Fannie Mae and Freddie Mac who claim the federal government has wrongfully kept the two agencies' profits since they entered...
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A U.S. Supreme Court ruling Monday gives the president the authority to fire the director of the Consumer Financial Protection Bureau at will. That authority also like extends to the director of the...
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Investors are worried that pressure on the balance sheet of Fannie Mae and delay its exit from conservatorship. Yet, some optimists think its shares are underpriced and have plenty of long-term...
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Government backing of Fannie Mae and Freddie Mac looks crucial as the pandemic impacts mortgage delinquencies.
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Here are eight stocks that analysts believe could double this year. None of them are focused on COVID-19, but a bonus ninth stock is.
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With tens of billions of new capital coming to effectively privatize Fannie Mae and Freddie Mac, is it possible that one or both will be able to pay dividends to their shareholders?
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The Federal Housing Finance Agency has announced that it is once again seeking comments on recapitalizing and perhaps conducting a public offering of stock in Fannie Mae and Freddie Mac.
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Fannie Mae is about to begin a bidding process to select a financial advisor to assist in developing and implementing a plan for recapitalizing and responsibly ending its conservatorship.
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24/7 Wall St. has tracked one analyst report from Wall Street calling for price targets that imply well over 100% long-term upside in Fannie Mae and in Freddie Mac.
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The economic hit from the coronavirus pandemic is showing up in mortgage delinquencies and that’s bad for Fannie Mae.
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