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Fannie Mae and Freddie Mac Have New Mortgage Modification Options

13 hours ago ago from Kusna [dot] Net

Homeowners with a mortgage from Fannie Mae or Freddie Mac are in luck. That is because of President Obamas mortgage stimulus program . This stimulus will allow a homeowner to easily modify their mortgage into a more affordable monthly payment. This program can be used by millions of homeowners, and is designed to prevent people from losing their home. Here is how this plan works, and some things you should know. This plan is funded with ...

Fannie Mae Redemption

11 hours ago ago from Asia Press Release

Fannie Mae (NYSE: FNM) will redeem the principal amount indicated for the following securities issue on the redemption date 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 CUSIP Redemption Amount Type Rate Date Date - - - $5,000,000 MTN 6.190% December 19, 3136F7QC4 December 19, 2025 ...

Trustmark Corporation Repurchases All Preferred Stock from U. S. Treasury

10 hours ago ago from The Biloxi 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Biloxi, MS

JACKSON, Miss. (BUSINESS WIRE) Trustmark Corporation (NASDAQ:TRMK) today completed the repurchase of its 215,000 shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A, ( Preferred Stock ) from the U. S. Treasury Department at a purchase price of $215.0 million plus a final accrued dividend of $716.7 thousand. The Preferred Stock and a Warrant to purchase 1,647,931 shares of common stock were issued to the Treasury Department in ...

Treasury Touts Long-Available Derivatives Report As A Part Of Its ‘New’ Open Government Plan

13 hours ago ago from heave-ho.org

This morning, the folks at the U.S. Treasury Department put out a press release announcing their Open Government Plan, which they are touting as a New Information Sharing Effort that Promotes [a] Culture of Transparency, Collaboration, Participation. The release reads, in part: As part of a commitment to increase transparency in government and maintain accountability of taxpayer dollars, the U.S See the rest here:  Treasury Touts ...

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