Freddie and Fannie Bulls Are Back
TheStreet.com - Mon Dec 14, 1:40 pm ETFannie Mae and Freddie Mac shares are surging again as speculators refuse to give up on the idea that the giant housing lenders' stocks might be worth something.
2124 Stories, most recent news story added Sun Dec 13, 1:13 am ET
Fannie Mae and Freddie Mac shares are surging again as speculators refuse to give up on the idea that the giant housing lenders' stocks might be worth something.
By DAVID STREITFELD The New York Times Mortgage rates in the United States have dropped to their lowest levels since the 1940s, thanks to a trillion-dollar intervention by the federal government. Yet the banks that once handed out home loans freely are imposing such stringent requirements that many homeowners who might want to refinance are effectively locked out.
The James McAllister Christmas Fund will provide $25 gifts to about 265 Fayetteville residents this year. The money will be distributed to selected recipients at 10:30 a.m. Wednesday at St. Luke AME Church, 522 Hillsboro St.
Real estate transfers of $100,000 or more as shown in the records of the Shelby County Register's Office include:Deeds posted Dec. 2-8380029990 Autumnlight: Day N. Lam from Magnolia Homes Inc., $510,0009598 Chi Chi Lane: Suzannah S. Butler from Billy Groome, $129,9006873 Cottontail Cove: Seam Khay from Fredrick B. Collins, $160,0004066 Cypress Hill: Tuan D. Le from Brien K. Ford, $320,00012133 ...
$3,200,000 Tenth Street Development Company LLC to Frontier Capital Group Ltd, Pt Blk A Bay Manor, O.R. Book 02320 Page 7232, Dec. 2.
It was early last year when Joby Morris, a 33-year-old floral designer in Pacifica, heard about the housing market’s crash. Soon she and her fiancé began dreaming of finally buying a home in the East Bay. But for 18 months, Ms. Morris watched helplessly as time and again, an investor with an all-cash offer and no intention of moving into the property swooped in and snapped up a house she was ...
• MONDAYWASHINGTON — Nothing major scheduled. &
Regarding your Nov. 21 editorial "Street crossing," I find a very serious omission among your so-called rascals. Nowhere to be found is any reference to several members of Congress (House and Senate) and the chief executives of Fannie Mae and Freddie Mac .
Time is running out to take advantage of some of the government programs set up to help consumers during the economic meltdown.
We have over $12 trillion in debt and the number is rising daily. Congress will try to raise the debt ceiling for the country. This is destructive.
Now that Wall Street’s mortgage machinery is pretty much shuttered, details are emerging about how it actually operated. The revelations aren’t pretty.
WASHINGTON -(Dow Jones)- The U.S. Senate on Saturday cleared an important procedural motion on $1.1 trillion catch-all legislation wrapping together six unfinished must-pass spending bills into a single package.
Realtors guess what's next for the Orange County high-end market.
44 | Obama presses banks to ease opposition to measures aimed at tightening regulations.
A mortgage broker recalls when it all it took was a driver's license.
Fannie Mae's initiative applies to more than 72,000 homes. Fannie Mae says it won't consider offers from investors to buy its foreclosed properties until they have been on the market for 15 days.