Fannie Mae

  • Earnings Season Review and Outlook 2013

    By Jay Ralez - May 9, 2013 | Tickers: CZZ, EA, FNMA, LNVGY.PK, MONI, NQ, NOK, TEF, VELT, WMMVY.PK

    I am reading my stocks earnings releases now since its earnings season and I havent reviewed anything in months.
     
    Cosan  http://cosan.com.br/Cosan  is doing great all around and has just finished integrating Brazils largest natural gas pipeline into its portfolio.  I like the pipeline business.  The sugar business is also expanding and Cosan's partnership with Amyris for the development of sugar based hydrocarbons to replace petroleum more »
  • Fannie Mae and Freddie Mac Suddenly Back in Play

    By Kyle Colona - March 21, 2013 | Tickers: BAC, FNMA

    A series of recent developments are making housing giants Fannie Mae (NASDAQOTCBB: FNMA) and Freddie Mac (NASDAQOTCBB: FMCC) good long-term investments.

    First, the Federal Housing Finance Agency (FHFA) recently announced that it intends to consolidate the operations of Fannie Mae and Freddie Mac. 

    FHFA is the federal regulator tasked with overseeing Fannie and Freddie. The agency said it intends to form a new corporation that would consolidate certain operations of more »

  • Fannie MAE and Freddie MAC the Best Ever Penny Stock

    By Santos Manuel Mercado - March 17, 2013 | Tickers: BAC, C, FNMA, WFC

    The market is replenished of penny stocks, stocks under 1 dollar value but with a lot of uncertainties. Stocks being bought by a lot people with the faith to discover the next Wal-Mart. Consequently, they discover the stock failed to be the next Wal-Mart and now is time to dig for another faithfully stock. Right now we have the uncommon penny stock Fannie Mae (NASDAQOTCBB: FNMA) and Freddie Mac (NASDAQOTCBB more »

  • Foreclosure Abuses, Banks Pay a Price

    By Lester Pollitt III - January 8, 2013 | Tickers: BAC, FNMA

    As Bank of America steps back from its costly expansion into the home mortgage market, where the focus was off target and missed the mark, the financial giant now defiant in a retreat on grand scale.  With that shift, it provides a rift hurting home buyers, but provides power for lending rivals leaving fewer options to turn to.

    Selling off 20 percent of its loan services division was the decision more »

  • It’s NOT Time to Buy Banking Stocks

    By Chris Marasco - November 22, 2012 | Tickers: BAC, C, FNMA, JPM, WFC

    Earnings season for the financial sector has been a mix.  JPMorgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) both reported positive earnings numbers.  However, those numbers can be tricky – the banks are still laced with risks.

    Housing Turns a Corner?

    JPMorgan’s CEO Jamie Dimon and Wells’ CFO Tim Sloan both argue that this housing market has upside. 

    “The housing market has turned the corner,” said Dimon.  Sloan agrees: “We more »

  • Reasons to Hate AIG and Reasons to Buy AIG

    By Alexander MacLennan - October 24, 2012 | Tickers: AIG, AIG-, FNMA, PRU

    Whenever someone wants to bring up an example of financial irresponsibility and corporate greed, American Inernational Group (NYSE: AIG) is frequently chosen because of its status as a poster child for collapse and government bailouts. At $182 billion, the insurer received one of the largest bailout packages at about $600 for every man, woman, and child living in the United States. However, AIG refused to tighten its belt after accepting more »

  • A Huge Sigh of Relief for Wells, Citi, and Bank of America

    By Chris Marasco - October 19, 2012 | Tickers: BAC, C, FNMA, JPM, WFC

    The Dodd-Frank Act passed in the summer of 2010 unleashed a flurry of new rules on the marketplace and created a new government organization, the Consumer Financial Protection Bureau.  Currently, the CFSB is working on a proposal that would benefit a smattering of banks – and potentially help to spur new loans.

    The group is exploring the implications of establishing a set of lending guidelines for banks to follow.  Known as more »

  • The Government Will Ruin QE3

    By Chris Marasco - October 18, 2012 | Tickers: BAC, C, FNMA, FRE-PK, WFC

    In an unexpected twist of irony, the Government has become its own worst enemy.  The Fed recently launched its $40 billion per month mortgage bond buying program, QE3, to keep mortgage rates low for those hoping to borrow to finance homes.

    Part of the plan has worked – 30-year mortgage rates have touched the 3.5% area, an incredibly low level.  However, the implementation of the Fed’s plan left a more »

  • Why AIG and Citigroup Investors are Doing Better Than the Shareholders of Fannie and Freddie

    By Alexander MacLennan - August 31, 2012 | Tickers: AIG, C, FNMA

    When the housing bubble burst in 2008, the Wall Street Titans went to the federal government for everything from maintaining capital ratios to avoiding imminent bankruptcy. A core part of many of their portfolios had simply fallen apart and the market took notice by hammering their stock values. In a scene of panic, the government stepped in but even that did not stop the falling prices. Citigroup (NYSE: C) shares more »

  • BofA and Citi Throw Homeowners a Lifeline

    By Karen Rogers - August 13, 2012 | Tickers: BAC, C, FNMA, WFC

    Ring the bells and throw the confetti!  Citigroup (NYSE: C) just this week announced it was starting a pilot program designed to turn foreclosed homeowners into renters with Citi acting as the new landlord.  Earlier in March, Bank of America (NYSE: BAC) launched a similar program in New York, Arizona and Nevada allowing homeowners facing foreclosure to become renters once they surrender their deeds to the bank.  In addition, all more »