Many investors like to look for value in stocks, but this can be very tough to define. There is great debate regarding …
Under the bailout deal, Fannie and Freddie had to pay a 10 percent annual dividend on the $189 billion in senior preferred stock that the Treasury acquired. (In addition, the government owns warrants on 79.9 percent of Fannie and Freddie
NEW YORK (CNNMoney.com) -- Investors in Fannie Mae and Freddie Mac common stock saw their stakes in the mortgage giants plummet in value Monday, a day after the government announced a dramatic rescue of the two …
Articles about the Fannie & Freddie preferred trade have been burbling around for a while and I’ve never understood it. …
Questions swirling about whether housing financing giants Fannie Mae and Freddie Mac would need a federal bailout ... told NPR that the companies may need to issue more shares of stock to raise money. That would dilute the value of …
They’re even listed on the stock market. In response to the mortgage crisis of 2008, Congress passed the Housing and Economic Recovery Act, which provided $187.5 billion in government loans for Fannie and Freddie and placed them in …
NEW YORK (Reuters) - Activist investor Carl Icahn acquired about $51 million in the common shares of mortgage financiers Fannie Mae <FNMA.OB> and Freddie Mac <FMCC.OB> from mutual fund manager Fairholme Funds Inc …
WASHINGTON — Fannie Mae has joined rival mortgage financer Freddie Mac in cutting its dividend and selling billions of dollars worth of special stock to raise capital to cushion against mounting losses from high-risk home loans. Fannie
Fannie Mae, weakened by deterioration in the housing market, said yesterday that it planned to raise $7 billion of new capital to help it stay on solid financial footing. The federally chartered investor in home mortgages said it would also …
The plaintiffs (holders of non-cumulative preferred stock of Fannie Mae and Freddie Mac) argue that the government's August 2012 amendment to take 100% of the companies' profits - just as they were returning to profitability - i.e. the …