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FNM Articles
The Congressional Oversight Panel issued a report today which says that the Federal Reserve and Treasury Department did a poor job of rescuing American International Group (NYSE: AIG), which put $160...
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Mortgage rates hit their 2010 low on April 13 at 4.93%. At the same time, RealtyTrac announced that homes which were repossessed hit an all-time high of 92,432 in April. The figure for the year will...
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Reuters: The SEC said there was no single cause of the market plunge. Reuters: The Senate approved a single audit of the Fed. Reuters: Morgan Stanley Group (NYSE: MS) is the subject of a...
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Reuters: Doubts about the EU plan drove markets down. Reuters: SEC and the exchanges will boost market rules to prevent huge sell-offs. Reuters: A Fed official said nations must rebalance...
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Admitting what the market already knows, Fannie Mae (NYSE: FNM) said in its 10-Q that Accordingly, there continues to be uncertainty regarding the future of Fannie Mae, including whether we will...
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There are many movers today, but a lack of the double-digit gainers and losers we have seen. The movers on news this Thursday for day traders and active traders are ADC Telecommunications Inc....
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Freddie Mac (NYSE: FRE) lost another $8 billion in the first calendar quarter of the year. That includes $1.3 billion in dividends paid to the Treasury. Freddie might have simply kept the money. It...
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Earnings season is slowly getting behind us for the regular quarter-end companies. But there are still many influential companies still reporting which can still move their respective sectors. ...
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Imagine the government and taxpayers finally being out of AIG… Who doesn’t love to hate AIG? The financial crisis and the bailouts might have been much different had American International...
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Reuters: British Air and Iberia signed a merger deal. Reuters: US Airways (LCC) and United (UAUA) are in merger talks. Reuters: A Toyota (TM) executive warned about defects in January....
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Reuters: Oil dropped as the dollar strengthened. Reuters: Samsung posted record profits. Reuters: Greece wants to amend its aid deal with Europe and not use IMF. Reuters: The US...
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Everyone loves Warren Buffett of Berkshire Hathaway (BRK.B) and the “never be evil” management of Google. Citigroup (C), Goldman Sachs (GS), and the other large firms on Wall St. are among the...
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Treasury Secretary Tim Geithner for some reason found it necessary to explain to a member of Congress that the debt obligations of Fannie Mae (FNM) and Freddie Mac (FRE) were not sovereign...
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Ambac (ABK) may be the last of the big financial firm flameouts coming out of the credit crisis. The only probable exceptions are Fannie Mae (FNM) and Freddie Mac (FRE), which the government may...
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Congressman Barney Frank and Senator Chris Dodd are not wasting any time after health care reform. In a press conference this morning, the two well-known Democrats said financial reform was next on...
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