Blog > Archive by tag 'fannie mae'
The real estate industry just posted its strongest week in years. It is all thanks to the Federal Reserve and its latest stimulus program. Now is the time to buy real estate. Interest rates have not been this low for a long time.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Well look at that. Government intervention is [...]
Tags: Altria, fannie mae, Fed, federal reserve, financial news, freddie mac, GE, General Electric, MO, mortgage applications, mortgage bankers association, mortgage rates, NYSE:GE, nyse:mo, nyse:Wfc, Real Estate, wells fargo, wfc
Take 40%-plus gains on Freddie Mac (NYSE:FRE), to supplement the 50% we took on Fannie Mae (NYSE:FNM)!
by J. Christoph Amberger
Baltimore — (TFN): “Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) resumed their free fall after early attempts at recoveries,” I wrote on September 8. “Now, trading at around 70 cents, I think they are GREAT contrarian [...]
“All this miserable little episode in economic history tells us is this – the market will get you in the end, even if it takes 60-odd years to do so.” - John Stepek
Blogger’s note: The government has decided to swallow both Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) whole. But let’s remember that this [...]
TFN rapid turnaround trade of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) gruntles some readers and disgruntles others. But with a 50% gain in one day, we take the time to explain why we did it.
by J. Christoph Amberger
Baltimore — (TFN): “I can tell you can’t talk right now,” she said. Pause. “I don’t know, [...]
Our ultra speculative buy of Fannie Mae (NYSE:FNM) at 78 cents has already created 50% gains on the rebound. Sell FNM at current levels of $1.18 and above and book gains of 50% in a single trading day.
by J. Christoph Amberger
Baltimore — (TFN): “Fannie Mae (FNM) and Freddie Mac (FRE) now are great speculative buys [...]
The government take-over of Fannie Mae and Freddie Mac and their subsequent decline could have been the long-awaited second coming of the gold bugs’ favorite asset. But it dropped below $800 once again…
by Jon Nadler, Kitco.com
Baltimore — (TFN): “The End Of The World As We Know It” mega-event that so many had long feared and [...]
Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) resumed their free fall after early attempts at recoveries. Now, trading at around 70 cents, I think they are GREAT contrarian speculative plays!
***UPDATE: Read here for our latest post on FNM and FRE.
by J. Christoph Amberger
Baltimore — (TFN): Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) have been wiped [...]
Troubled mortgage giants Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) are being placed in a government conservatorship. What does that mean for traders on Monday?
***Update: As the markets opened this morning, FNM and FRE dropped far more than my projected range. Even better: Both stocks are now trading for a buck apiece. I just placed [...]
“Financial stocks bottomed (for now) on that date - which makes sense. But the next part doesn’t make sense. Crude oil prices peaked on July 15. What does the U.S. government bailing out financial institutions have to do with the oil market?” — Rick Pendergraft
by Rick Pendergraft
Baltimore — (TFN): Over the last month, the intertwined [...]
Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) rebounded over 7% each today. But is it enough for Amberger to win a friendly wager?
Baltimore — (TFN): Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE), the largest financing sources for U.S. mortgages, each jumped over7 percent after the Securities Industry and Financial Markets Association said larger loans financed [...]
Thanks to Freddie Mac (NYSE:FRE) reporting huge second-quarter losses, FRE and Fannie Mae (NYSE:FNM) were among the day’s biggest losers on Wednesday. Time for a short-term rebound play?
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“As a service to Money Morning readers who are unfortunate enough to have been holding Fannie or Freddie paper, or to the venturesome few who wonder whether there is any among the debris, I thought I’d peer through the fog of uncertainty and try to figure out what the different classes of Fannie and Freddie [...]
“What is the point of owning a lump of metal that doesn’t pay a dividend, isn’t edible and actually costs you money to keep safe? To understand why gold is the ultimate safe haven in this financial crisis, we have to get to the root of our current problem. [...]
“Don’t let the name ‘regional banks’ fool you. We’re talking about some of the biggest banks in the US. The reality is that regardless of how much money the U.S. government pumps into Freddie and Fannie, the U.S. financial system is in big trouble.” — John Stepek
Blogger’s note: The Fed may have decided that Fannie [...]
“Fears that the two U.S. mortgage giants, Fannie Mae and Freddie Mac, were on the verge of collapse has seen commentators shrieking about the end of capitalism as we know it. And perhaps they weren’t far wrong.” — David Stevenson
by David Stevenson
Baltimore – (TFN): If you had to come up [...]
“So who - or what - is to blame for what’s being called the greatest financial crisis since the Great Depression? Strangely it’s all tied back to not only derivatives… but also the currency markets. Or more specifically, the carry trade.” — Jack Crooks
Blogger’s note: Jack Crooks sent [...]
Tags: carry trade, citigroup, credit crunch, currency, dervatives, fannie mae, fnm, foreclosure, subprime, UBS, yen
"The credit crunch will spread from mortgages to auto loans and to all forms of consumer lending. The days of Americans borrowing to consume are finally coming to a long over due end. Within a few years most will only be able to buy those goods they can afford to pay for with cash." — [...]
“In December, OPEC nations will convene to discuss continuing their dollar pegs. If they were looking for a reason to drop them, the Fed may have just provided it.” — Peter Schiff
by Peter Schiff, TFN
Baltimore — (TFN): As internal debates in the Gulf and Asian nations intensify over the need to continue propping up the U.S. [...]