Update 12:55pm: Adds investor comment. Freddie Mac (OTCQB:FMCC) stock skyrocketed 30% and Fannie Mae (OTCQB:FNMA) shares surged 25% on Wednesday after Republican and Former President Donald Trump ...
Fannie Mae’s other preferred stock series rise between 45% and 66% on Wednesday, with Freddie Mac shares up between 20% and 62%, based on data compiled by Bloomberg. The bailouts of the Federal ...
The signs were there. Reports of instances of alleged multifamily loan fraud through Freddie Mac and Fannie Mae. The latter finally offered an admission of the problem in its latest 10-Q filing ...
Percentage of refinances increases for first time in 2014, though closing rate on mortgage refinancings falls nearly 6 percent. PLEASANTON, CA (October 23, 2014) — Refinancings as a percentage ...
The crackdown on commercial mortgage fraud is heating up. Fannie Mae confirmed for the first time an ongoing investigation into a litany of schemes that may be far more pervasive than was ...
Following an uptick in falsified financial reporting, Fannie Mae is on the hunt for commercial mortgage fraud, acknowledging for the first time it is looking into widespread wrongdoing by ...
Fannie Mae and Freddie Mac continue fluctuating with election odds and face immense volatility risk over the coming week. FNMA has been down since June, as Harris's ascent has lowered Trump's odds.
Federal National Mortgage Association, commonly known as Fannie Mae, is a leading player in the U.S. housing finance system, providing liquidity and stability to the mortgage market by purchasing ...
The move is being watched closely by the Australian government, which is wary of how criminal groups and the Chinese government could exploit the bank's presence in PNG. The Bank of China is ...
The drop in third-quarter interest rates drove single-family loan purchases at Fannie Mae up more than any other fiscal period in the year, but other developments reduced its profitability. The ...
Currently, Fannie Mae's stock is trading at $1.41, down 1.39 percent on the OTC Markets. Indices Commodities Currencies Stocks ...