Treasury also said it would, if necessary, buy stock in the companies to make sure they have enough money to operate. The Fed also announced it would allow Fannie and Freddie to get loans directly from the Fed — a privilege previously …
Speculators poured into shares of Fannie Mae and Freddie Mac on Monday, the first day of trading after ... ought to puzzle most investors. The stock market's reaction mystifies veteran banking analyst Bert Ely at Ely & Co. in Alexandria, Va.
The Federal National Mortgage Association, a federally chartered shareholder-owned company active in the mortgage markets, yesterday announced plans to sell eight million shares of common stock in the United States and abroad. The …
Over on the imaginary stock markets where Fannie Mae and Freddie Mac trade they’ve had a rough day, with FNMA and FMCC common stock each down almost 13% and the preferred … um … down surprisingly small amounts but, …
Treasury invested $187 billion in senior preferred stock in Fannie Mae and Freddie Mac, carrying a ten percent dividend. As part of the deal, the government also effectively acquired ownership of 79 percent of the GSEs’ common stock. As …
WASHINGTON -- Mortgage finance giant Fannie Mae announced Tuesday that it was cutting its dividend 30 percent and selling $7 billion in special stock to raise additional capital. The government-sponsored company said it was slicing its …
Oct 1 (Reuters) - Shares of mortgage finance companies Fannie Mae and Freddie Mac slumped on Wednesday, after a judge threw out a lawsuit brought by investors in the companies to stop the government from making the companies …
Common and preferred shares in Fannie Mae and Freddie Mac rose this week after a legal ruling in favor of plaintiffs suing the government, but analysts say investors in the federally controlled mortgage-finance giants may not be any better off …
While Fannie and Freddie stock is no longer traded on the major exchanges, they still have shares outstanding. For their investors, allowing them to be recapitalized and ultimately released from the government's clutches would be a major …
At issue is a December 20, 2010 internal government memo, first reported by the New York Times’ Gretchen Morgenson, that stated shareholders in the stock would not receive earnings from Fannie Mae / Federal National Mortgage …