Freddie and Fannie Spike on Good News From Treasury

Freddie and Fannie Spike on Good News From Treasury

$FMCC, $FMNA Fannie Mae and Freddie Mac spiked on good news for investors. US Treasury Secretary Steven Mnuchin said he will soon reach a deal to allow the 2 mortgage giants to retain earnings and a legal victory that gave shareholders renewed hope of getting their hands on some of the companies billions of dollars […]

The Trump Administration Unveils Fannie, Freddie Overhaul

The Trump Administration Unveils Fannie, Freddie Overhaul

$FMCC, $FNMA Thursday, the US Treasury said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae (OTCMKT:FNMA) and Freddie Mac (OTCMKT:FMCC), while calling on Congress to develop a comprehensive housing reform that would allow them to be safely freed from government control. The Treasury’s plan, released in a 53-pg report, […]

What’s Up With Fannie Mae & Freddie Mac

What’s Up With Fannie Mae & Freddie Mac

What’s Up With Fannie Mae & Freddie Mac $FMCC Fannie Mae and Freddie Mac may stop paying billions of dollars in dividends to the US government, but if not now when?  Friday, the US mortgage-finance (OTCMKT:FMCC) giants paid a combined $5.1-B to the US Treasury thus extending for another Quarter the government’s sweep of their profits. […]

Former US President Bill Clinton Crashed the Housing Market

Former US President Bill Clinton Crashed the Housing Market

Former US President Bill Clinton Crashed the Housing Market The way to trading and business riches is simple “Buy low, Sell high.” Donald Trump has been very good at buying low and selling high, and it helps account for his success in business. Last week the Democratic front-runner, Hillary Clinton painted that a crime. While […]