Archive for the Fannie Mae Category


Lancaster Pollard Arranges $5.3M Fannie Mae Financing for …

BPM purchased Royalton Place in 2005 and adjusted the acuity mix in late 2014. MILWAUKIE, ORE. — Lancaster Pollard has arranged a $5.3 million Fannie Mae loan for BPM Senior Living. The loan provides capital for Royalton Place, a 70-unit assisted living and memory care community in the Portland suburb of Milwaukie. BPM purchased Royalton […]

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DOJ’s Turn Against CFPB May Boil FHFA’s Net Worth Sweep

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two companies that are privately owned, but are run by a government agency that has handed all their money over to another government agency for nearly a decade. The agency that has been set to regulate Fannie and Freddie is the Federal Housing Finance Agency (FHFA). On […]

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Fannie Mae Notes Hopeful Construction Outlook

Fannie Mae’s March economic forecast was written before the FOMC announced an increase in the fed funds rate last Wednesday.  The company’s economists assumed there would be an increase, but hedged some of their predictions by noting both upside and downside risks to their 2 percent growth forecast. Currently the country appears on track to […]

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Italian maker of Nutella buys Fannie May

Ferrero, the Italian candy giant best known for its Nutella spread, has agreed to buy onetime Chicago-based chocolatier Fannie May for $115 million, with plans to expand retail sales across the U.S. The deal, which is expected to close by the end of May, will move the historic Fannie May and Harry London brands from […]

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Consumers’ View Of Housing Market More Favorable In February, Fannie Mae Says

Consumer confidence in housing hit an all-time high in February, according to Fannie Mae’s most recent Home Purchase Sentiment Index (HPSI), part of its National Housing Survey. The index increased by 5.6 percentage points in February to a score of 88.3. The share of Americans who reported that now is a good time to buy […]

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Goldman Sachs, Fannie Mae’s biggest buyer of non-performing loans

Most Read The Many Ways to Be Relieved of Your Timeshare Obligations While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated […]

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Fannie Mae: A Billionaire’s Bet Of A Lifetime

Anyone who follows the FNMA (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) saga or invests in either/both should be very familiar with the name Bruce Berkowitz. Bruce Berkowitz is a contrarian value investor known for his highly concentrated portfolio. He owns/leads Fairholme Fund (MUTF:FAIRX) which is suing the United States regarding FNMA and FMCC and has been […]

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Goldman Sachs Keeps Buying Fannie Mae Loans, Why?

Goldman Sachs has long been one of the largest buyers of severely delinquent home loans from Fannie Mae, and on Tuesday, the company purchased about 8,000 loans with unpaid balances of $1.4 billion. The Wall Street Journal reports that over the past year and a half, Goldman Sachs acquired nearly two-thirds of the $9.6 billion […]

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Fannie Mae Stays Bullish Looking at 2017

Fannie Mae feels comfortable that it will grow at 2 percent, as predicted, this year, even in the face of a potential rate hike. That’s according to the GSE’s March Economic Developments report, released Wednesday. Overall, Fannie stated, Federal Reserve officials’ remarks suggest that employment and inflation environments have recently evolved in a way that […]

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Fannie Mae: A Billionaire’s Bet Of A Lifetime – Seeking Alpha

Anyone who follows the FNMA (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) saga or invests in either/both should be very familiar with the name Bruce Berkowitz. Bruce Berkowitz is a contrarian value investor known for his highly concentrated portfolio. He owns/leads Fairholme Fund (MUTF:FAIRX) which is suing the United States regarding FNMA and FMCK and has been […]

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