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vsinvestor.com - 29 days ago
Fannie Busting the Buck… (FNM, FRE)
— vsinvestor.com — Fannie Mae (NYSE:FNM) “broke the buck” in pre-market trading this morning after it recorded a net loss... of $18.9 billion for the third quarter of 2009. Including $883 million in dividends on the senior preferred stock, the net loss ... (more) Fannie Busting the Buck… (FNM, FRE)

Comments vote down 24/7 Wall St. found this 29 days agofound this
hf-implode.com - 28 days ago
BarCap Sees ‘Limited Use’ of Fannie’s Deed-for-Lease Program
— hf-implode.com — "Although a new foreclosure alternative program announced Thursday by Fannie Mae (FNM: 1.04 -7.14%) presents a new... step in mitigating foreclosure risk among distressed borrowers, it looks to have only a “marginal” effect on prepayments within Fannie residential mortgage-backed securities (RMBS), ... (more) BarCap Sees ‘Limited Use’ of Fannie’s Deed-for-Lease Program

Comments vote down iehi iehi posted 28 days agoposted this
minyanville.com - 17 days ago
Our Economy Is on Steroids
— minyanville.com — To help the auto industry, taxpayers were subsidizing the price of autos through the Cash for Clunkers... program and thus were creating artificial demand. The housing market, the epicenter of this crisis, is propped up from different directions. On one ... (more) Our Economy Is on Steroids

Comments vote down Fund My Mutual Fund found this 17 days agofound this