Articles Referencing FNMA
BofA Lands in Legal Mess Yet Again - Analyst Blog
5/9/2013, 11:26 am from Zacks.com in Investing, Business, Stocks
In yet another setback, Countrywide Financial - acquired by
Bank of America Corporation ( BAC ) in 2008 - has
been sued by American International Group, Inc . (
AIG ) for losses
worth... Read >>
BofA Gets Partial Reprieve - Analyst Blog
5/9/2013, 10:24 am from Zacks.com in Investing, Business, Stocks
Ushering in some relief for Bank of America
Corporation ( BAC ), a U.S. District
Judge adjudicated that the United States can proceed with certain
parts of a civil lawsuit against the bank.... Read >>
BofA Settles MBIA Dispute - Analyst Blog
5/7/2013, 4:23 pm from Zacks.com in Investing, Business, Stocks
In an attempt to remove the vestiges of the financial crisis,
Bank of America Corporation ( BAC ) announced a
comprehensive plan to settle its legal dispute with MBIA
Inc. ( MBI
). The... Read >>
The Markets Now: Stocks Climb Higher After Strong Earnings
4/23/2013, 2:00 pm from Minyanville in Investing, Stocks
Stocks pushed higher after the release of strong earnings
reports and house sales data, and despite a weaker report from the
Richmond Fed and a weaker PMI flash report. The
Dow (INDEXDJX:.DJI)... Read >>
Wells Fargo to Sell MSRs to Walter - Analyst Blog
4/11/2013, 11:08 am from Zacks.com in Investing, Business, Stocks
Recently, Wells Fargo & Co. ( WFC ) announced the
sale of $12.2 billion worth of unpaid principle balance (UPB)
reverse mortgages servicing rights (MSR). Walter... Read >>
Mack-Cali Enters DC Multifamily Market - Analyst Blog
3/25/2013, 5:31 pm from Zacks.com in Investing, Business, Stocks
Edison-based real estate investment trust (REIT),
Mack-Cali Realty Corp. ( CLI )
, recently acquired a Va.-based multi-family property - Crystal
House - through a joint venture (JV) with... Read >>
Morgan Stanley Sued For CDOs Offered - Analyst Blog
3/25/2013, 11:31 am from Zacks.com in Investing, Business, Stocks
According to Bloomberg , Singapore Government Staff
Credit Cooperative Society Ltd. and several other investors seek
permission for filing a class-action lawsuit against Morgan
Stanley ( ... Read >>
Fannie Mae, Freddie Mac Shares Ride Rollercoaster
3/22/2013, 10:41 am from Wyatt Investment Research in Investing, Stocks
Shares of the nation's two government-backed mortgage
organizations have been on quite a rollercoaster ride the last few
days. Fannie Mae ( FNMA ) and Freddie Mac
( FMCC
), both mere... Read >>
Lawsuit Filed Against MERS - Analyst Blog
3/1/2013, 2:10 pm from Zacks.com in Investing, Business, Stocks
According to Bloomberg , the two largest counties of
Minn. - Ramsey and Hennepin sued Mortgage Electronic Registration
Systems Inc. (MERS) and a number of financial institutions. The
lawsuit... Read >>
Nationstar Eyeing Big Bank, Big Buck Mortgage Rights
2/26/2013, 2:26 pm from Investor's Business Daily in Investing, Investing Ideas
One person's trash is another's treasure. And so it goes in
the world of residential mortgages.
Boatloads of distressed home loans from big banks that don't
want to work them anymore... Read >>
Walter to Buy Ally's Mortgage Unit - Analyst Blog
2/21/2013, 6:27 pm from Zacks.com in Investing, Business, Stocks
Walter Investment Management Corp. ( WAC ) announced an
agreement to buy a mortgage unit from the banking subsidiary of
Ally Financial Inc.
The mortgage unit conducts purchase of home... Read >>
Ocwen Financial Scores On Others' Distressed Loans
2/19/2013, 4:56 pm from Investor's Business Daily in Investing, Investing Ideas
The arcane world of specialty mortgage servicers has moved
into the limelight as banks and other large holders of risky
mortgages have sold off servicing rights to them.
Ocwen... Read >>
Citi Plans to Release Reserves - Analyst Blog
2/13/2013, 10:40 am from Zacks.com in Investing, Business, Stocks
Citigroup Inc. ( C ) is contemplating to
release reserves created against bad mortgages of its Citi Holdings
division. As per Citigroup CEO, this particular move is most likely
to boost the... Read >>
Bank Loan Castoffs Are Walter Investment's Jewels
1/29/2013, 2:28 pm from Investor's Business Daily in Investing, Investing Ideas
It was once a sleepy division of a conglomerate-turned-energy
company.
Now Tampa, Fla.-basedWalter Investment Management (
WAC
) seems to have shot up from nowhere to become one... Read >>
BofA's Settlement with Fannie Mae - Analyst Blog
1/8/2013, 4:40 pm from Zacks.com in Investing, Business, Stocks
On Monday, Bank of America Corporation ( BAC )
announced a settlement with Fannie Mae ( FNMA )
worth about $10.3 billion. The settlement includes the resolution
of all outstanding and... Read >>