fannie mae

Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shareholders are hoping President Donald Trump and Treasury Secretary

On Thursday morning, Treasury Secretary Steven Mnuchin had his first sit-down interviews with Fox Business (Twenty-First Century Fox Inc (NASDAQ: FOXA)) and CNBC since his confirmation. One of the hot-button topics that Mnuchin discussed is the fate of Federal National Mortgage Assctn Fnni Me (OTC...

Federal Home Loan Mortgage Corp (OTC: FMCC) and Federal National Mortgage Assctn Fnni Me (OTC: FNMA) shareholders took a beating on Tuesday when an appeals court rejected shareholders’ case that the government-sponsored entities’ (GSEs) net-worth sweep is illegal. With every dime of the...

Shares of Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) plummeted more than 30 percent on Tuesday after an appeals court upheld a decision denying hedge funds the right to challenge the government-sponsored enterprises' (GSEs) net worth...

Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and fellow government-sponsored enterprise (GSE) Federal Home Loan Mortgage Corp (OTC: FMCC) have both lost roughly a third of their market caps Tuesday following an appeals court ruling upholding a decision that hedge funds are not allowed to...

Federal Home Loan Mortgage Corp (OTC: FMCC) and Federal National Mortgage Assctn Fnni Me (OTC: FNMA) shares are each down more than 22 percent on Tuesday after an appeals court upheld a ruling that hedge funds may not sue to challenge the legality of two government-sponsored enterprises (GSEs) net...

Federal Mational Mortgage Assctn Fnni Me (OTC: FNMA) on Friday reported that the government-sponsored enterprise (GSE) issued $14.4 billion of multifamily mortgage-backed securities (MBS) in Q4 of 2016. That number brings Fannie Mae's total for the year to $55 billion of total multifamily MBS...

Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) have seen their shares rally nicely post the election of Donald Trump, more than doubling from the $1.5 levels they traded before the elections. Fannie, Freddie On The Move The shares of...

Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are making a huge bounce off of multi-week lows on Wednesday. Fannie Mae shares dipped as low as $3.41 on Wednesday morning, and Freddie Mac shares traded down to $3.27. Fannie and Freddie...

Shares of Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) have been all over the map in the past week following comments from newly-appointed Treasury Secretary Steven Mnuchin. When asked about Fannie Mae and Freddie Mac, Mnuchin said the Trump...

Federal National Mortgage Assctn Fnne Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shares are bouncing off of their session lows on Monday but remain down about 7 percent following a huge surge last week. The stocks spiked more than 50 percent following comments from Donald...

Traders appear to be taking profits on the massive 50 percent-plus rally in Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) this week following comments by President-elect Donald Trump’s new Treasury Secretary appointee. On Wednesday,...

Federal Mational Mortgage Assctn Fnni Me (OTCMKTS: FNMA) and Federal Home Loan Mortgage Corp (OTCMKTS: FMCC) were both trading higher by more than 40 percent on Wednesday after President-elect Donald Trump’s recently-appointed Treasure Secretary Steven Mnuchin said the administration will...

Shares of Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are both up about 50 percent in the past two days following comments from Donald Trump’s recently-appointed Treasury Secretary Steven Mnuchin. On Wednesday, Mnuchin confirmed his...

In a new report, Rafferty Capital Markets analyst Dick Bove discussed what he sees as an imminent threat in the U.S. mortgage market. According to Bove, a downturn in the U.S. economy could set in play a chain of events that could lead to disaster in the mortgage market. Since the United States...