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Trump Seeks To End Conservatorship Of Fannie And Freddie In Housing Finance System Overhaul
Wednesday, March 27, 2019 - 3:11pm | 626The White House announced on Wednesday that, after years of waiting, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) will finally be free of their government conservatorship. What Happened President Trump is expected to sign a memorandum initiating...
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Fannie And Freddie Investors Find A Silver Lining Amid Claim Dismissals
Tuesday, October 2, 2018 - 2:33pm | 548Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors received more bad news last week when U.S. District Judge Royce Lamberth dismissed the majority of the claims against Fannie Mae and Freddie Mac in a shareholder lawsuit against the two...
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Fannie Mae And Freddie Mac Q4 Earnings Recap
Thursday, February 15, 2018 - 10:55am | 459For the first time since 2012, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) needed taxpayer bailout funds to cover quarterly losses. Fannie Mae and Freddie Mac each reported large fourth-quarter losses after absorbing a one-time drop in the value...
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Analysis: Bank Deregulation Is Likely This Year, And Here's What It Might Look Like
Wednesday, February 14, 2018 - 11:58am | 457The latest reports on the Senate bank deregulation bill suggest the bill could come to a vote shortly after the Presidents’ Day recess. It's likely the bill becomes law by year's end, but it's far from a sure thing, Height Securities analyst Ed Groshans said in a Tuesday note....
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8 Stocks To Play The Mulvaney Era At The CFPB
Thursday, January 18, 2018 - 3:30pm | 499One of President Donald Trump's top campaign promises was to eliminate regulations and free up U.S. corporations to operate will fewer restrictions. One of Trump’s first targets after taking office was the Consumer Financial Protection Bureau, which was created in the wake of the mortgage...
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Analyst: Despite Lobbying, Congress Unlikely To Engage In Tax Policy Fine-Tuning
Thursday, January 18, 2018 - 1:36pm | 413There’s plenty for Americans on both sides of the political aisle to hate in the new tax law, but investors shouldn’t expect any changes to the new law in 2018. The new rules are here to stay, at least this year, said Height Securities analyst Stefanie Miller. In a new report, Miller...
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Fannie And Freddie Face An Uncertain Future
Thursday, January 4, 2018 - 1:37pm | 489Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors have gotten a lot of good news about the government-sponsored enterprises’ future in recent months. Unfortunately, that good news hasn't been reflected in the stocks’ share...
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'Aggressive' CFPB Enforcement Easing Under Mick Mulvaney, Analyst Says
Tuesday, December 26, 2017 - 1:58pm | 372Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, recently eased the regulatory burden for mortgage lenders and prepaid card issuers. The Analyst Height Financial Services' Edwin Groshans. The Thesis The CFPB is now a "kinder and gentler" agency, as...
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Fannie Mae, Freddie Mac Preferred Shareholders Could See Huge Upside From Conversion Process
Friday, December 22, 2017 - 1:17pm | 676Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors got some good news this week when the Treasury Department and the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will be allowed to retain $3 billion of income each...
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'A Sea Change Underway': Fannie Mae, Freddie Mac To Retain Capital Again
Thursday, December 21, 2017 - 12:42pm | 535Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shares are rocking Thursday after the Treasury Department and the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will be allowed to retain a portion of their income to start...
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What's Next For Fannie And Freddie? Here's What We Know So Far
Tuesday, December 12, 2017 - 11:18am | 387A draft Senate bill addressing housing finance reform bodes well for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC), according to a Washington analyst. The Analyst Height Financial Services' Edwin Groshans. The Thesis Fannie Mae and...
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Why Fannie And Freddie Have A Path To Survival
Thursday, December 7, 2017 - 1:06pm | 436While most U.S. companies are hoping for an earnings boost from tax reform, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are simply hoping to survive. According to one analyst, reports on a newly-drafted Senate housing finance reform bill are...
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Fannie And Freddie Watch: The Latest News Out Of Washington
Thursday, November 30, 2017 - 11:00am | 421Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shares are jumping Thursday. Bloomberg reported the Treasury is discussing having Fannie Mae and Freddie Mac retain a portion of the fourth-quarter dividend payments in an effort to begin...
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Fannie & Freddie Both Changed The Way They Talk About Their Dividends, And It's Not By Accident
Friday, August 4, 2017 - 11:36am | 415What a difference two little letters can make. Shares of Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are both up 4.8 percent this week after both government-sponsored enterprises included the word “if” in their quarterly financial...
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Fannie And Freddie Investors Hope New Unsealed Court Documents Are The Smoking Gun They Need
Friday, July 28, 2017 - 10:58am | 770The latest chapter in the Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) drama unfolded this week after a new batch of government documents were released that investors believe provide evidence of the illegality of the Treasury’s “net...