FNM
FNM Articles
Yesterday, a number of bank and mortgage company stocks began the day up sharply, with Fannie Mae (FNM), Freddie Mac (FRE), and Lehman (LEH) out in front. By the end of the day, most of these shares...
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According to Bloomberg, GM (GM) will announce a major restructuring including moving more production to small cars. Reuters reports that regional bank stocks were hit hard by liquidity concerns....
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Fannie Mae (FNM) and Freddie Mac (FRE) opened well up today. FRE hit a high of $9.80 up from a $7.75 close on Friday. Now, it is only up a little over 5%. The news of the government aid for the two...
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The federal government has decided that Fannie Mae (FNM) and Freddie Mac (FRE) are too big to fail. The Fed and Treasury will offer a combination of loans and stock purchases to make sure that the...
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According to Reuters, the govenment will bail-out Freddie Mac (FRE) and Fannie Mae (FNM) through a combination of stock purchases and loans. Reuters reports that InBev will buy Anheuser-Busch (BUD)...
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Concerns about the financial health of Freddie Mac (FRE) and Fannie Mae (FNM) and the huge repercussions which would occur in the banking and mortgage industry if either one fails has cause the...
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In an attempt to save Fannie Mae (FNM) and Freddie Mac (FRE) from becoming insolvent, the US Treasury is reviewing a plan to put $15 billion in new capital into the companies. According to The Times,...
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Fannie Mae (FNM) Full-blow panic that it will fail. Down to $6.68 from 52-week high of $70.57. Freddie Mac (FRE) Panic. Falls to $3.89 from 52-week high of $67.20. Lehman (LEH) Panic over potential...
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The Fed offered to open it emergency discount window to Fannie Mae (FNM) and Freddie Mac (FRE) to offer them the money they may need to remain solvent. Investors were not convinced. Perhaps they do...
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Shares of Fannie Mae (FNM) and Freddie Mac (FRE) are down about 25% in the pre-market on news that the government may take over the firms, taking the value of their stocks to zero. Douglas A....
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It has started to look like a pattern. A financial company gets in trouble. It stocks falls. The shareholders take a haircut. Sometimes that haircut is 60% and sometimes the stockholders end up bald....
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According to Reuters, the government is considering taking over Freddie Mac (FRE) and Fannie Mae (FNM). Reuters writes that Google (GOOG) thinks that an independent Yahoo! (YHOO) would be better for...
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AMD (AMD) Little hope that they PC and server businesses will lift revenue and the debt load looks bad in a credit crisis. Down to $4.75 from a 52-week high of $16.19. Starbucks (SBUX) The market...
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The financial sector is reeling yet again over woes from GSE’s. In fact, there are now many traders betting that one or both are effectively worthless for common holders. Both Fannie Mae (NYSE:...
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According to Reuters, Robert Steel was named the new CEO of Wachovia (WB) and the bank said it would have a quarter loss of $2.6 to $2.8 billion. Reuters writes that the Blue Chip Economic Indicators...
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