Accounting at B of A and Fannie - Fannie Mae, Bank of America, Universal Banking, Stocks

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Universal Banking

posted by jamesykwak vote down flag

baselinescenario.com - 23 days ago

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Via Yves Smith , John Hempton analyzes the quarterly results of Bank of America (so-so) and Fannie Mae (terrible). The underlying issue is that bank quarter-to-quarter results are largely driven by the amount of provisions they take against future loan losses. You can think of this as a very ...

online.wsj.com - 27 days ago

Goldman Looks to Buy Fannie Tax Credits

— online.wsj.com — WASHINGTON -- Goldman Sachs Group Inc. is in talks to buy millions of dollars of tax credits... from government-controlled mortgage giant Fannie Mae, but the potential deal is running into opposition from the U.S. Treasury, which could block the deal. A ... (more) Goldman Looks to Buy Fannie Tax Credits

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Fannie Mae

Goldman Sachs

Comments vote down FT Alphaville found this 27 days agofound this

brontecapital.blogspot.com - 23 days ago

Fannie Mae’s results – oh, and what if Bank of America reported the same way…

— brontecapital.blogspot.com — There have been some mathematical corrections to this post discussed in the comments. My pencil notes had... the numbers right. By the time I got to writing it out errors had entered. Sorry. Fannie Mae just put out awful looking results based primarily ... (more) Fannie Mae’s results – oh, and what if Bank ...

Stocks

Fannie Mae

Bank of America

Comments vote down naked capitalism found this 23 days agofound this

calculatedriskblog.com - 23 days ago

Fannie Mae: $18.9 Billion Loss, Requests Another $15 Billion

— calculatedriskblog.com — Press Release: Fannie Mae Reports Third-Quarter 2009 Results Fannie Mae (FNM/NYSE) reported a net loss of $18.9... billion in the third quarter of 2009 , compared with a loss of $14.8 billion in the second quarter of 2009. ... Third-quarter results were ... (more) Fannie Mae: $18.9 Billion Loss, Requests Another $15 Billion

Stocks

Fannie Mae

Federal Housing Finance Agency

Comments vote down SCSUScholars found this 23 days agofound this

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