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Fannie Mae Redemption
7 hours ago ago from Asia Press Release
Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption: Principal Security Interest Maturity Date CUSIP Redemption Date Amount Type Rate $50,000,000 MTNR 5.000% March 20, 2023 3136F9CX9 December 20, 2009 ...
Related contentPreferred Stock Losses: You Have Options
13 hours ago ago from Representing Investors
Preferred stock losses in Fannie Mae, Freddie Mac, Lehman Brothers, and other fiscally troubled companies have cost investors dearly over the past two years. Preferred shares generally are considered more conservative, low-risk - investments especially attractive to retirees seeking predictable income via dividends. In many cases, however, the supposedly “low-risk” preferred stocks sold to investors turned out to be highly volatile because of ...
Related contentFannie Mae/Freddie Mac Put the Noose Around Investors’ Necks with New Lending & Underwriting Policy Changes
3 hours ago ago from Creative Property Solutions, Inc.
There comes a point at which reasonable folk take a step back, survey the latest nonsensical trend in lending, and conclude their own rational thought has been the problem all along. We don't need a rehash of why we're sittin' in the economic rubble of a woefully failed economy. Allow me to sum it up [...] This Article is Copyright 2004-2009 BiggerPockets, Inc. All Rights Reserved. Fannie Mae/Freddie Mac Put the Noose Around Investors' ...
Related contentMortgage Rates Rise Again, Say Freddie Mac - Real Estate Channel
10 hours ago ago from Mortgage online
(MCLEAN, VA) - According to Freddie Mac's (NYSE:FRE) newest results of its Primary Mortgage Market Survey (PMMS), 30-year fixed-rate mortgage (FRM) averaged 4.81 percent with an average 0.7 point for the week ending December 10, 2009. See the original post here: Mortgage Rates Rise Again, Say Freddie Mac - Real Estate Channel Name (required) Mail (will not be published) (required) Website (optional)
Related contentMortgage Rates: 30 Year Mortgage Rates at 4.81% and 15 Year
14 hours ago ago from Mortgage online
Mortgage rates are higher in the latest Primary Mortgage Market Survey released by Freddie Mac. See original here: Mortgage Rates: 30 Year Mortgage Rates at 4.81% and 15 Year Name (required) Mail (will not be published) (required) Website (optional)
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Freddie Mac: 30-year Fixed-rate Mortgage Rises - FOXBusiness.com
12 hours ago ago from FOX Business
Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Finance Thursday, December 10, 2009 Freddie Mac: 30-year Fixed-rate Mortgage Rises  By Sue Chang MarketWatch Pulse  SAN FRANCISCO -- Freddie Mac ...
Related contentCramer on BloggingStocks: Buy Citi on the deal
13 hours ago ago from BloggingStocks
From TheStreet.com Network Should Citigroup Rush to Repay TARP? Citigroup Reportedly Prepping Equity Raise TheStreet.com's Jim Cramer says this one'll make you a bundle by 2012. Buy Citigroup ( C ) ( Cramer's Take ). No, not in the open market, but on the deal or deals, depending upon how heavy-handed the government's going to be. I initially recommended this stock in the low $3s and saw it go to $5, where I begged the government ...
Related contentGinnie Mae's growth gives fuel to risky lenders
23 hours ago ago from Washington Post - Business
This report is a collaboration between the Center for Public Integrity and The Washington Post. This Story The trouble signs surrounding Lend America had been building for years. A top executive was convicted of mortgage fraud but still helped run the company. Home loans made by its headquarters were defaulting at an extremely high rate. Federal prosecutors alleged in a civil suit that the company falsified loan ...
Related contentMortgage rates still below 5 percent
6 hours ago ago from PopEater
McLEAN, Va. -Mortgage rates rose this week but still remained below 5 percent, Freddie Mac said Thursday. The average fixed rate on 30-year mortgages was 4.81 percent, up from a record-low 4.71 percent last week. Last year at this time, the average fixed rate for 30-year mortgages was 5.47 percent. The Federal Reserve has kept rates around 5 percent this year by purchasing $1.25 trillion in mortgage-backed securities in an effort to make home ...
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