FMCC
$1.36
-$0.07 (-4.9%)
Closing price April 30, 2024
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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Fannie Mae and Freddie Mac have been approved to purchase some single-family home loans in forbearance. This may help maintain liquidity in the nation's mortgage market.
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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.
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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?
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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.
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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.
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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.
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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,...
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Freddie Mac and Fannie Mae are being sued for breach of contract for allegedly not paying promised dividends.
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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...
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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...
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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...
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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...
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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...
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