Mortgage Investment
(FRE) Freddie Mac Gets Boost From Government Program
Freddie Mac’s (FRE) third quarter net loss (available to common shareholders) came in at $1.94 per share, compared to a net loss of 11 cents in the prior quarter and $19.44 in the prior-year quarter.
Results...
(FNM) The Fed Stays on Easy Street
The Federal Reserve decided to keep the Federal Funds rate unchanged at the meeting it concluded today, as expected. Below is the current Fed Statement along with the one from their September meeting in paragraph-by-paragraph format, with my translation...
(NLY) As the Dow Cracks 10,000 – What’s Next for the Market?
by Dr. Mark Skousen, Contributing Editor
Monday, October 19, 2009: Issue #1118
Last week,...
(FRE) Freddie Mac Marks Rising Mortgage Rates
Freddie Mac (FRE) announced Thursday that U.S. mortgage rates for 30-year fixed home loans rose 0.02 basis points this week, as the year’s record low borrowing costs produced the biggest jump in new home purchases in four years.
The average 30-year...
(FRE) Freddie Mac’s Mortgage Volume Metrics for July
Freddie Mac (FRE) reported its monthly volume metrics for July 2009. Highlights for the month are as follows:
- The total mortgage portfolio decreased at an annualized rate of 3.3% in July to $2.2 billion.
- Refinance-loan...
26Aug2009 | vitalstocks | 0 comments | Continued
(FRE) Taylor Bean & Whitaker Mortgage Files for Bankruptcy
Yesterday, Taylor, Bean & Whitaker Mortgage Corporation filed for Chapter 11 bankruptcy protection after it was forced to shutter its mortgage lending operations earlier this month.
The Ocala, Florida-based company had captured 1.7% market share nationwide by creating...
($FNM) Notes on Fed Statement – economic activity is likely to remain weak for a time
The Federal Reserve released the following statement after its meeting today. It is presented along with the previous statement, and my interpretation of the differences on a paragraph-by-paragraph basis.
“Information received...
(FRE) U.S. Banks – Zacks Analyst Interviews
The worst of the credit crisis is now probably behind us, but the banking system is not yet out of the woods, as there are still many significant challenges ahead.
Ten of the nation’s largest banks have received the Treasury approval for TARP repayment, as they...
(FNM) After the Madoff-Ponzi, The Lesson’s Clear
After the Madoff-Ponzi, The Lesson’s Clear
Everyone’s scrambling… House subcommittee chairman
26Dec2008 | InvestmentU | 0 comments | Continued(FRE) Words from the (investment) wise for the week that was (August 25 – 31, 2008)
The gyrations of financial markets ahead of the Labor Day weekend tested the patience of bulls and bears alike. As big swings took place in thinly-traded markets, I was reminded of Albert Schweitzer’s words: “As we acquire more knowledge, things do not...
(FNM) Words from the (investment) wise for the week that was (July 21 – 27, 2008)
Financial markets witnessed another roller-coaster week as renewed concerns about the global economy and the health of the financial sector surfaced, resulting in a mixed week for world stock and bond markets, an improved US dollar and continued weakness in...
(FNM) Words from the (investment) wise for the week that was (July 14 – 20, 2008)
The end is nigh was what many despondent investors were starting to believe as the past week kicked off with volatile trading amid concerns that US regional bank IndyMac’s demise was a harbinger of many more bank failures.
Furthermore,...
(FNM) Words from the (investment) wise for the week that was (July 7 – 13, 2008)
“Finance is the art of passing money from hand to hand until it finally disappears,” said Robert W. Sarnoff. This is certainly the way it looked last week as the fall-out of the credit crisis deepened.
(FNM) Words from the (investment) wise for the week that was (July 21 – 27, 2008)
Financial markets witnessed another roller-coaster week as renewed concerns about the global economy and the health of the financial sector surfaced, resulting in a mixed week for world stock and bond markets, an improved US dollar and continued weakness in...
(FNM) Words from the (investment) wise for the week that was (July 14 – 20, 2008)
The end is neigh was what many despondent investors were starting to believe as the past week kicked off with volatile trading amid concerns that US regional bank IndyMac’s demise was a harbinger of many more bank failures.
Furthermore,...
(FNM) Words from the (investment) wise for the week that was (July 7 – 13, 2008)
“Finance is the art of passing money from hand to hand until it finally disappears,” said Robert W. Sarnoff. This is certainly the way it looked last week as the fall-out of the credit crisis deepened.