FNM

New 52-week Low for SuperMedia, Duoyuan Global, and Fannie Mae

WSN_Staff — Mon, 28 Jun 2010 09:11:13 -0700

Case of the Monday's for shares of SuperMedia Inc. (NASDAQ:SPMD), Duoyuan Global Water Inc. (NYSE:DGW), and Fannie Mae (NYSE:FNM) -- all three companies have hit new 52-week lows.

Fannie and Freddie Shares Jump 7%

WSN_Staff — Tue, 22 Jun 2010 07:33:11 -0700

Shares of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) are up 7% today after taking a massive beating last week. Today Freddie shares are at 50 cents and Fannie are at 44 cents.

Freddie Mac and Fannie Mae Bill Now at $145 Billion

WSN_Staff — Mon, 10 May 2010 14:02:58 -0700

Both Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM) shares gained 3.88% today despite being tagged with the most expensive taxpayer bill ever to be bailed out by the U.S. Government.

News: Goldman Sachs, Fannie Mae, and Royal Bank of Scotland (NYSE:RBS),(NYSE:FNM),(NYSE:GS)

WSN_Staff — Mon, 10 May 2010 07:47:07 -0700

Goldman Sachs provided a more detailed view of its legal troubles Monday, acknowledging it faces a series of government probes over some of its business dealings.

In the News: Bunge (NYSE:BG), Ambac Financial (NYSE:ABK), and Fannie Mae (NYSE:FNM)

Bret Beaupain — Fri, 09 Apr 2010 06:23:45 -0700

Shares of Bunge (NYSE:BG) have been falling for more than two weeks, but the big option trade yesterday was bullish.

Tim Geithner on Bloomberg (NYSE:FRE),(NYSE:FNM)

WSN_Staff — Fri, 02 Apr 2010 12:10:54 -0700

Today (April 2nd) Treasury Secretary Timothy Geithner talked with Bloomberg's Peter Cook about the outlook for the U.S. economy and touched on Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM). Geithner said the U.S. economy is showing signs of entering a period of sustainable growth as companies begin to hire.

Fannie-Freddie Hit with New Record Delinquencies (NYSE:FNM),(NYSE:FRE)

John Darcy — Thu, 01 Apr 2010 08:29:38 -0700

The burst of the housing bubble hit Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) has as their stock values are approaching penny-stock levels. The bad news seems to keep rolling in for the financial lending firms too.

Fannie-Freddie Fear ARM Resets (NYSE:FNM),(NYSE:FRE)

WSN_Staff — Wed, 03 Mar 2010 09:02:37 -0700

Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) appear to have extended their Home Affordable Refinance Program (HARP) because of upcoming option ARMs that will either reset or recast between 2010 and 2012. The latest outlook is for $1 trillion to be reset/recast in the next few years.

Fannie Mae Continues to Burn through Cash (FNM)

WSN_Staff — Mon, 01 Mar 2010 11:28:28 -0700

Fannie Mae (NYSE:FNM) continues to burn through cash like a forest fire gone wild, to the tune of $16 billion per quarter. Shares of Fannie are down a penny today and are trading at 98 cents per share.

Fannie Mae Needs More Aid (NYSE:FNM)

WSN_Staff — Fri, 26 Feb 2010 16:40:57 -0700

It seems that all the government aid provided to Fannie Mae (NYSE:FNM) still is not quite enough. The $60B provided to date is going to need another subsidy and the bailout is turning out to be quite expensive. Fannie is going to need another $15B in federal assistance.