Fannie Mae, Freddie Mac Draw Fire for ‘Punitive’ Fees
2014-04-03T16:15:16-04:00
Most people know that Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) had billions in bad loans on their books when the financial crisis hit, but the reason for all those bad loans seems not to have been as well publicized. Barely a year into profitability, and we’re already getting calls to repeat past mistakes.
Consumer stocks new active shorting
As markets continue their steady grind higher, and volatility remains suppressed, shorts are giving up their crusade against equities.
According to TwoRivers Analytics’ monthly short report... read more
The “collapse” of productivity growth could be a sizable risk to credit conditions, notes a Moody’s report. However, it remains unclear the extent to which different factors are causing... read more
Unsurprising to market observers, the Federal Reserve left their target interest rate at between 0 and 0.25%, exactly where it has been since 2008.
Get The Full Ray Dalio Series... read more
How investors compare is the topic of Michael J. Mauboussin's latest research offering.
Comparing is a vital part of investing and life. Most investors will, at some point, have had to... read more
UK stocks measured by the FTSE 100 down 0.64% in later afternoon trading on new polling showing a slight uptick in Brexit risks. This comes as a relatively "independent"... read more
With Donald Trump championing his business experience as to why Americans should offer him the job as president, it brings to mind a key point of this economic recovery/expansion... read more
The apple doesn’t often fall far from the tree, as evidenced by the recent fall of Andrew Caspersen, 39, charged by the U.S. Department of Justice with securities and... read more
When Peter Berezin, Chief Global Strategist at BCA Research, looks at three largely non-consensus megatrends shaping society, he doesn’t engage in “happy talk,” as he describes it. He sees... read more
As evidenced by survey and economic indicators, growth in exports and domestic demand will slow in Q2 in Germany, believe experts at Capital Economics. Roger Bootle and Jonathan Loynes... read more
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Market Levels
* US: Dow: 13029.26 (0.50%), S&P 500: 1378.53 (0.12%), NASDAQ: 3000.45 (-0.24%)
* Europe:... read more