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These Were The Most Actively Traded Stocks On The OTC Markets In February
Friday, March 8, 2019 - 3:07pm | 1617As we highlighted last month, preferred shares of Fannie Mae and Freddie Mac experienced dramatic increases in dollar trading volume to start 2019. That was not the case in February however, as dollar volume in the mortgage liquidity providers receded back to normal levels. While different share...
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Dick Bove: Calabria Will 'Probably Seek Little' For Fannie And Freddie Common Shareholders
Tuesday, February 19, 2019 - 12:04pm | 716Government-sponsored enterprises Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) have sprung back to life in 2019, with both stocks up more than 139 percent year-to-date. After years of disappointment for investors, one prominent voice on Wall...
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Fannie Mae And Freddie Mac Saw Massive Increases In Trading Volume In January
Monday, February 11, 2019 - 12:08pm | 1550Trading data from OTC Markets Group shows that shares of government-sponsored entities Fannie Mae and Freddie Mac saw a dramatic increase in dollar trading volume last month. Common shares of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) experienced 795 percent and 529 percent month-over-...
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C-Suite Shakeups Could Change The Course Of Fannie And Freddie's Conservatorship
Friday, October 12, 2018 - 3:29pm | 435Love him or hate him, Treasury Secretary Steven Mnuchin may be the best and last hope for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors. Mnuchin’s ability to assemble a “dream team” of cooperators as heads of Fannie Mae...
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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, Freddie's Fate Could Rest On Potential Trump Nominee
Saturday, August 11, 2018 - 2:14pm | 486Donald Trump's presidency hasn’t provided the beacon of hope Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors had hoped it would. A major leadership transition in Washington could be imminent, and Height Capital Markets...
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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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Senate To Release Housing Finance Reform Outline: Here's What It Means For Fannie Mae And Freddie Mac Shareholders
Monday, January 29, 2018 - 2:44pm | 434The U.S. stock market is off to a hot start to 2018, but Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are headed in the other direction, each down roughly 20 percent on the month. For better or for worse, Fannie Mae and Freddie Mac should get a...
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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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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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Freddie Mac-Backed Fintech Platform Targets Debt Payoff
Monday, December 18, 2017 - 4:13pm | 376Fintech startup EarnUp has partnered with GreenPath Financial Wellness and Federal Home Loan Mortgage Corp (OTC: FMCC) to launch Simple Payment Plan, a new financial tool aimed at helping users budget their money, including saving more and paying off debts faster. The Simple Payment Plan app is...
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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...