Posts Tagged mortgage


Fairholme Announces Update On Fannie Mae – ValueWalk

MIAMI, FL – Fairholme Capital Management (“Fairholme”) today announced that Bruce Berkowitz, the firm’s Founder and Chief Investment Officer, will host a one-hour public conference call on June 29 at 11:00 AM ET. David Thompson, managing partner at Cooper Kirk, PLLC, and one of the lead attorneys representing Fairholme with respect to its clients’ investments […]

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Why Bill Ackman Bought Fannie Mae and Freddie Mac, and Why You Shouldn’t

Bill Ackman, billionaire hedge fund manager, sees a bright future ahead for Fannie Mae (NASDAQOTH:FNMA) and Freddie Mac (NASDAQOTH:FMCC) stock. In fact, Ackman has purchased 115.6 million and 63.5 million shares, respectively, of the companies. While it’s entirely possible that Ackman and his investors could make millions if he turns out to be right, it’s […]

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Relaxed Credit Standards at Fannie Mae Could Be a Jolt for This Homebuilder

Shares of the homebuilder Beazer Homes ( BZH) were climbing over 4% on Thursday following an upgrade of the stock at Wedbush to “Outperform” from “Neutral” with a $15 price target. Wedbush analyst Jay McCanless argues that the Atlanta-based homebuilder will enter a growth phase in 2018 thanks to relaxed credit standards at Fannie Mae […]

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Fannie Mae: Here’s how to bridge the gap on homeowner education

In order to help borrowers be more prepared, and even expand the pool of eligible homebuyers, Fannie Mae explained homeowner education and housing counseling must play a critical role. However, the company explained consumers and even some lenders see homeownership education courses as simply an inconvenience. “Yet, homeownership education is often viewed by buyers as […]

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As Hawkish Fed Hits Housing, Fannie Mae Eases Mortgage Standards

The Federal Reserve’s unexpectedly hawkish policy outlook on Wednesday foiled a few homebuilder stock breakouts, at least temporarily, with D.R. Horton (DRI) and Lennar (LEN) slipping below buy-zone territory. But the recent news out of Washington isn’t all bad for homebuilders. On Thursday, Wedbush upgraded Beazer Homes (BZH) to outperform from neutral, with a 15 price […]

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Fannie Mae names winner of third reperforming loan sale …

Fannie Mae named DLJ Mortgage Capital, a subsidiary of Credit Suisse, as the winner of all three pools for its reperforming loan sale transaction. Originally announced back in May, this latest sale of non-performing loans marks its third reperforming loans sale. The deal included the sale of approximately 13,500 loans totaling $2.99 billion in unpaid principal balance, divided […]

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Tackling Affordability with Fannie Mae’s Multifamily Chief – Multi

Jeff Hayward, Executive Vice President and Head of Multifamily, Fannie Mae More than one-third of U.S. households—about 44 million—are renter households, and nearly 60 percent of those are classified as low-income. Many struggle to make rent payments, buy food and afford the basics. At the same time, these households often face rising rents, a decline […]

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Fannie Mae: Here’s how to bridge the gap on homeowner education …

In order to help borrowers be more prepared, and even expand the pool of eligible homebuyers, Fannie Mae explained homeowner education and housing counseling must play a critical role. However, the company explained consumers and even some lenders see homeownership education courses as simply an inconvenience. “Yet, homeownership education is often viewed by buyers as […]

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FSM News | Financial – Fannie Mae Raises DTI Ratio

The Federal National Mortgage Association has recently announced that it is presently planning to increase the debt-to-income ratio soon – a sole reason as to why the mortgage company’s hopefuls get mostly overruled, according to sources. A large number of applicants are unfortunately vetoed as a result of the extraordinary DTI ratios from the current […]

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BRIEF-Fannie mae announces results of its third reperforming loan sale transaction

June 13 Federal National Mortgage Association * Fannie Mae announces results of its third reperforming loan sale transaction * Fannie Mae says deal, which was announced on may 10, included sale of about 13,500 loans totaling $2.99 billion in upb, divided into three pools * Fannie Mae – winning bidder of all Three pools for […]

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