OTCMKTS:FMCC
Federal Home Loan Mortgage Corp Stock News
$1.31
-0.0450 (-3.33%)
At Close: May 09, 2024
Why Shares of Fannie Mae and Freddie Mac Exploded Higher Today
04:15pm, Thursday, 14'th Jul 2022
There is no obvious reason for the move.
GSE's Next Major Legal Development: Lamberth Ruling
08:51pm, Monday, 04'th Jul 2022
Lamberth originally planned to rule on the government's motion for summary judgment around July 11. Trial has been rescheduled which seems to imply that he plans to rule against the government's motio
Mortgage rates surge in latest week by most since 1987: Freddie Mac
10:05am, Thursday, 16'th Jun 2022
The 30-year fixed-rate mortgage averaged 5.78% for the week ending June 16, according to data released by Freddie Mac on Thursday. That's up 55 basis points from the previous week — one basis poi
The US housing market is seeing its worst contraction since 2006 as mortgage applications crumble, says Freddie Mac economist
06:28am, Friday, 10'th Jun 2022
Higher interest rates are having a knock-on effect on American homeownership as rising mortgage rates and house prices reduce buyer affordability.
Mortgage rates rise in latest week, as demand for housing cools: Freddie Mac
11:09am, Thursday, 09'th Jun 2022
The 30-year fixed-rate mortgage averaged 5.23% for the week ending June 9, according to data released by Freddie Mac FMCC, -3.11% on Thursday. That's up 14 basis points from the previous week — on
On The Precipice Of Admin Housing Finance Reform
06:59pm, Wednesday, 01'st Jun 2022
Sandra Thompson was confirmed by Senate vote May 25. Sandra Thompson needs to be sworn in before she is a fully permanent FHFA director. Sandra Thompson has finalized the capital planning rule that ma
Admin Action Remains Possible Before GSE Legal Rulings
10:13am, Sunday, 08'th May 2022
The Federal Housing Finance Agency that regulates Fannie and Freddie has continued to let them retain earnings under Biden. In this context, the Biden administration can only get money out of Fannie a
Freddie Mac Announces Release Date for First Quarter 2022 Financial Results
12:21pm, Monday, 25'th Apr 2022
MCLEAN, Va., April 25, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its first quarter 2022 financial results before the U.S. financial markets open on Th
FHFA Strategic Plan 2022-2026 Mentions Exiting Conservatorship
01:38am, Sunday, 17'th Apr 2022
"Adequate capital is a necessary precondition for either Enterprise to exit from conservatorship." reads FHFA's Strategic Plan. The government's motion for summary judgment attempts to relitigate sett
FHFA Is Working With Fannie/Freddie To Help End Conservatorships
12:13pm, Friday, 08'th Apr 2022
FHFA's Sandra Thompson says the GSEs have barely any capital and that adequate capital is a precondition for exiting conservatorship.
GSEs March Toward Cicada Exit
12:44am, Friday, 01'st Apr 2022
Sandra Thompson, acting director of the Federal Housing Finance Agency (FHFA), says Fannie and Freddie are being prepared to exit conservatorship.
U.S. mortgage rates rise again: Freddie Mac
10:15am, Thursday, 24'th Mar 2022
By Will Feuer
Dynex Capital – Consensus Indicates Potential 19.2% Upside
01:02pm, Tuesday, 08'th Mar 2022 DirectorsTalk
Dynex Capital with ticker code (DX) now have 5 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 20 and 17.25 calculating the mean target price we have 18.35. Now with the previous closing price of 15.4 this would imply there is a potential upside of 19.2%. The day 50 moving average is 16.28 and the 200 moving average now moves to 17.54. The company has a market capitalisation of $571m. Find out more information at: https://www.dynexcapital.com [stock_market_widget type="chart" template="basic" color="green" assets=DX" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $680m based on the market concensus. Dynex Capital, a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac.
Fannie Mae and Freddie Mac contribute over $1 billion to help increase access to affordable housing
04:39pm, Monday, 28'th Feb 2022
Mortgage giants Fannie Mae FNMA, +2.64% and Freddie Mac FMCC, +3.74% are upping the ante when it comes to affordable housing.
The Path Forward For Housing Finance: GSE Restructuring
01:32am, Saturday, 26'th Feb 2022
FHFA has now finalized the capital rule that Fannie/Freddie can use to chart their path out of conservatorship and have more than 2 months to do so.