Archive for September, 2014


The Case For Fannie Mae: Perry’s Motion For Supplementation Of Defendant’s …

In a previous Seeking Alpha article, The Case for Fannie Mae: Unpacking the Motions for Summary Judgment, I gave an analysis of the motions to dismiss and cross motions for summary judgment in one of the consolidated Fannie Mae cases in the Federal District Court for the District of Columbia. A reader alerted me that […]

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Fannie Mae Shares Erase Gain for Year as Holders Sell

Fannie Mae and Freddie Mac, which attracted investors such as hedge-fund manager Bill Ackman even as the mortgage giants hand over their profits to taxpayers, are tumbling again. Fannie Mae fell 3.4 percent to $2.88 in New York, after dropping 25 percent from mid-August through last week. Freddie Mac declined 3.1 percent today. The plunge […]

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The Zacks Analyst Blog Highlights: Citigroup, Bank of America, Fannie Mae, Freddie Mac and Wells Fargo

For Immediate Release   Chicago, IL – September 29, 2014 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Citigroup Inc. (C–Free Report), Bank of […]

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Freddie Mac: Housing Market Regresses in July

The housing market took a backward step toward shakier ground in July as the national price recovery continues to moderate and purchase applications fail to gain momentum. Freddie Mac’s Multi-Indicator Market Index (MiMi) fell back nearly half a percentage point to 73.4 in its latest reading, the company reported earlier this week. According to the […]

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National news bodes well

Posted: Sunday, September 28, 2014 12:00 am | Updated: 12:51 am, Sun Sep 28, 2014. National news bodes well By KIM COOPER/Special to The Press The Coeur d’ Alene Press | 0 comments It is rare that we put much stock in what happens nationally with real estate. We choose instead to focus on local activity […]

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National news bodes well

Posted: Sunday, September 28, 2014 12:00 am | Updated: 12:51 am, Sun Sep 28, 2014. National news bodes well By KIM COOPER/Special to The Press The Coeur d’ Alene Press | 0 comments It is rare that we put much stock in what happens nationally with real estate. We choose instead to focus on local activity […]

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Quincy housing market defies national trend

QUINCY, Ill. (WGEM) – More than half of Illinois residents are more than $20,000 in debt from student loans, according to the National Association of Realtors. But that’s not stopping first-time home-buyers here in the Quincy area. In fact – business is now booming for the younger generation. Coming up tonight on WGEM News at […]

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Fannie Mae COO to step down

Fannie Mae chief operating officer Terence Edwards plans to leave the company in the first half of next year, the government-sponsored enterprise confirmed. “To ensure a smooth transition in connection with his departure, Edwards’ responsibilities for Fannie Mae’s credit portfolio management organization and for overseeing Fannie Mae’s work in developing and integrating to a common […]

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Ypsilanti Township sues over another flooded, mold-infested home owned by …

Ypsilanti Township is asking for a court’s help ordering in the cleanup of a flooded, mold-infested home owned by Fannie Mae. The township has filed a series of lawsuits against Freddie Mac in recent years over derelict homes, and it has also encountered multiple homes owned by out-of-state individuals or companies that were flooded after […]

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Flexible rules could extend mortgages to millions

Nation’s Housing WASHINGTON — Are the two biggest players in the American mortgage arena — Fannie Mae and Freddie Mac — needlessly preventing millions of consumers from qualifying for a loan because they don’t have a FICO credit score? Some critics say the answer is an emphatic yes. James Carr, formerly a vice president at […]

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