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Redwood Trust Shares Spike Following Restructuring Strategy
Thursday, January 21, 2016 - 10:16am | 274Read More...Shares of Redwood Trust, Inc. (NYSE: RWT) spiked higher by more than 6 percent after Wednesday's market close as the company detailed a restructuring plan related to its residential mortgage loan operations. Redwood Trust will restructure its conforming loan operations by discounting the...
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Radian Announces PMIERs Compliance, Notes 'Positive Future Outlook'
Wednesday, December 30, 2015 - 10:29am | 209Read More...Radian Group Inc (NYSE: RDN), a mortgage insurance provider, announced on Wednesday that it now meets the Private Mortgage Insurer Eligibility Requirements (PMIERs). PMIERs establishes the requirements that a private mortgage insurance company must meet to be an approved insurer and provide...
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Barron's Recap: The New King Of Video
Monday, December 28, 2015 - 8:47am | 807Read More...The cover story in this weekend's Barron's offers a look at the prospects for YouTube. This issue also includes Barron's 15th annual forecasting challenge, and why investors should prepare for a great power struggle between the United States and China. The prospects for short-selling funds, solar...
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Taxpayers Have Now Made A $22 Billion Profit From Fannie Mae Bailout
Friday, May 8, 2015 - 4:00pm | 443Read More...Government Sponsored Entity (GSE) Fannie Mae (Federal National Mortgage Assctn Fnni Me (OTC: FNMA)) announced this week that its next dividend payment to the U.S. Treasury will total $1.8 billion. Although the payment will be the smallest quarterly dividend that the company has paid the...
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Freddie Mac Is Selling $410 Million In Delinquent Loans
Thursday, January 29, 2015 - 3:43pm | 417Read More...Government-backed mortgage giant Freddie Mac (OTC: FMCC) recently announced that it will be selling $410 million of deeply delinquent mortgage loans in a continued effort to clean up its balance sheet. The Federal Housing Finance Agency (FHFA) is pressing Freddie Mac and cousin Fannie Mae (OTC...
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Treasury And Mortgage Bond ETFs Hit New Highs
Wednesday, October 15, 2014 - 1:36pm | 470Read More...The selloff in stocks has erased all of the gains on Wall Street this year as the S&P 500 Index dipped into the red for 2014. In just a few short weeks, sellers have taken control of the momentum in equities and significantly altered the tone of the markets. As a result of...
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Is There Any Hope For Fannie And Freddie Shareholders?
Thursday, October 9, 2014 - 3:25pm | 629Read More...It has been a rough month for shareholders of Federal National Mortgage Assctn Fnni Me (OTCBB: FNMA) and Federal Home Loan Mortgage Corp (OTCBB: FMCC), more commonly known as Fannie Mae and Freddie Mac. Last week, a judge dismissed 10 claims on behalf of Fannie and Freddie shareholders...
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Markets Little Changed In Low Volume And Slow News Ahead Of Long Weekend
Wednesday, August 27, 2014 - 5:17pm | 2425Read More...U.S. stocks were little changed with the S&P 500 closing for the second straight day above the 2,000 mark. Markets were on track for a flat open and volume and volatility remained relatively light throughout the trading session as geopolitical events remain in focus. Israel and Gaza have...
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Barron's Recap: The ETF Roundtable
Sunday, May 11, 2014 - 4:29pm | 820Read More...This weekend in Barron's online: the Barron's ETF Roundtable, picks and pans from the Sohn Investment Conference, as well as the prospects for China Mobile, Flowserve, Brink's, Big 5 Sporting Goods and more. Cover Story "The New, Improved ETFs" by Beverly Goodman. Exchange traded funds (ETFs)...
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What First Horizon's FHFA Settlement Means For RBS and Goldman
Wednesday, April 30, 2014 - 8:19pm | 934Read More...The Federal Housing Finance Agency (FHFA) has settled the smallest securities fraud suit that remained of the 18 it had filed back in 2011, regarding mortgage-backed securities sold to Fannie Mae and Freddie Mac. First Horizon National (NYSE: FHN) on Tuesday agreed to pay $110 million, which is...
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Market Wrap For February 21: Markets End The Week On A Negative Note
Friday, February 21, 2014 - 5:48pm | 2876Read More...U.S. stocks finished the week slightly lower as investors gave today's poor housing data a slack, and blame it on the weather. “Investors are willing to cut the market some slack because of the weather; I'm keeping my fingers crossed that the economy heats up as the weather warms up,” Jack...
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Barron's Recap: Africa's Aid Mess
Sunday, December 1, 2013 - 1:49pm | 771Read More...This weekend in Barron's online: Paul Theroux discusses why the philanthropy of Bill Gates, Bill Clinton and Bono in Africa largely fails. Also the prospects for Capital One, how to profit from activist investors and more. Cover Story "Africa's Aid Mess" by Paul Theroux. "Telescopic philanthropy...
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Barron's Recap: Underestimating Sirius XM
Saturday, November 23, 2013 - 2:02pm | 886Read More...This weekend in Barron's online: a look at Sirius XM, the prospects for retailers this holiday shopping season, a small bank merger, Qualcomm ages gracefully and more. Cover Story "Sound of Success" by Alexander Eule. Though Sirius XM (NASDAQ: SIRI) has a monopoly on satellite radio, a growing...
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JPMorgan Chase Said to Agree to $13 Billion Settlement with Justice Department
Tuesday, November 19, 2013 - 10:05am | 577Read More...According to The New York Times, the U.S. Justice Department planned to announce as early as Tuesday, a $13 billion settlement with JPMorgan Chase (NYSE: JPM). Sources told the newspaper Monday that the deal, related to the Wall Street bank’s mortgage practices prior to the 2008 financial...
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Ackman Takes Stake in Freddie Mac, Fannie Mae
Friday, November 15, 2013 - 2:12pm | 247Read More...Hedge funds released their quarterly 13f reports on Thursday, and Bill Ackman's Pershing Square was no exception. The 13f contained the names of the six stocks that are widely known to be held by Ackman. The following morning, Pershing Capital released a surprising 13D which disclosed the hedge...













