vsinvestor.com - 20 days ago
—
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 attributable to common stockholders was $19.8 ...
calculatedriskblog.com - 21 days ago
—
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
Comments
Blog Reactions
GE No Rescue for Financial Junk Stocks (GE, FNM, FRE, AIG)
24/7 Wall St. —
... the 10.2% unemployment rate. Both Oppenheimer and Bernstein raised their official ratings to “Outperform” in research calls this morning. It depends upon which way the wind blows, but there are many times that GE trades more like some of the troubled financial stocks rather than as the top industrial stock in America. American International Group, Inc. (NYSE: AIG), Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are all headed in opposite direction of GE. We noted that Fannie had broken the buck in pre-market trading and is back above the $1.00 level now. It is also ...
Related Content
Freddie & Fannie Rock On (FRE, FNM)
vsinvestor.com 8/10/2009 — It is often hard to get excited about penny stocks of former giant favorites. But excitement is the case this morning in Freddie Mac (NYSE: FRE) and even in Fannie Mae (NYSE: FNM). Freddie Mac (FRE) did not exactly have pretty earnings on Friday, ...
Fannie & Freddie, Selling Continues (FNM, FRE)
vsinvestor.com 9/1/2009 — Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are both playing giveback all over again on Tuesday with most other speculative financial stocks. Yesterday’s research hinting that there is effectively no value remaining is a harsh reminder ...
Fannie & Freddie Back In Soup (FNM, FRE)
vsinvestor.com 9/2/2009 — Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) may have traded lower anyway with the markets, but the Mortgage Bankers Association is calling for Congress to effectively breakup the mortgage GSEs. While the MBA is non-governmental, this is just ...
Fannie & Freddie Leading Downward Volume (FNM, FRE)
vsinvestor.com 8/31/2009 — Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are both getting their wings clipped this morning. FBR’s research points out that effectively, “No underlying value remains…” in the shares of common stock. The 200%-plus ...
Fannie & Freddie… Sitting in a Tree (FNM, FRE)
vsinvestor.com 8/21/2009 — We are seeing unusual trading in both Fannie Mae (NYSE: FNM) and in Freddia Mac (NYSE: FRE) early this morning. This is ahead of existing home sales data and ahead of Bernanke’s speech this morning in Jackson Hole. At 8:32 AM EST we have ...
The Fannie-Freddie Equity Conundrum (FNM, FRE)
247wallst.com 10/25/2009 — It is no secret that things could be much better than they are at Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). But the last week or so has re-highlighted just how bad and dire the situation is for these government sponsored entities and ...
CFO Death Only Clouds Freddie Mac & Fannie Mae Further (FRE, FNM)
247wallst.com 4/22/2009 — If you thought that things could not get much stranger at Freddie Mac (NYSE: FRE) or at Fannie Mae (NYSE: FNM), they may have taken an even stranger turn than most could imagine. David Kellerman, the acting Chief Financial Officer and Senior VP at ...
Are Fannie and Freddie Worthless?
blog.ockhamresearch.com 10/19/2009 — According to Bose George analyst at Keefe, Bruyette & Woods, the two government sponsored entities that buy mortgages from banks have zero value to common shareholders. KBW downgraded the shares to Underperform and lowered the price target to zero from $1. The primary concern is ...
Fannie, Freddie plan to aid mortgage banks: report
(Reuters)
news.yahoo.com 10/7/2009 — Reuters - U.S. government-controlled mortgage finance companies Freddie Mac and Fannie Mae are working on a program to help independent mortgage banks get access to short-term credit needed to make home loans, the Wall Street Journal said, citing ...
Top Day Trader Alerts (AOB, DPTR, ETFC, C, FNM, FRE, AIG)
247wallst.com 9/22/2009 — These are this Tuesday morning’s top day trader alert stocks and actively trade stocks. We have more detailed price and volume analysis and data on each stock with links provided through at VSInvestor.com:
American Oriental Bioengineering Inc. ...