|Bid||0.0000 x N/A|
|Ask||0.0000 x N/A|
|Day's range||0.0000 - 0.0000|
|Beta (5Y monthly)||1.98|
|PE ratio (TTM)||0.65|
|Earnings date||27 Jul 2023 - 31 Jul 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
This comes after the ratings agency on Wednesday had warned that the U.S. credit rating could be downgraded if a debt ceiling deal was not reached soon. In a statement on Thursday evening, Fitch said the move reflected "uncertainty surrounding the resolution of the RWN (Rating Watch Negative) on the U.S."
The federally controlled mortgage giants got a boost from improving homebuilder sentiment – albeit off a low base.
(Reuters) -The U.S. Supreme Court on Monday declined to again hear a multi-billion dollar case pursued by shareholders of Fannie Mae and Freddie Mac arising from the federal government's takeover of the mortgage finance firms during the 2008 financial crisis. The justices turned away an appeal by the investors of a lower court's ruling against their challenge to a 2012 agreement that resulted in hundreds of billions of dollars being redirected from Fannie Mae and Freddie Mac to the U.S. Treasury. The shareholders had argued that this arrangement unlawfully deprived them of dividends without compensation.
Many investors would love to see the Fed cut interest rates next year and create a better risk-on environment.
You've probably heard that one of the best ways to boost your credit score is by paying your bills on time. Your payment history is the single most important factor in determining your credit score. In fact, it makes up 35% of your FICO® Score, which is the most widely used credit scoring model.
Experts say we’re in a housing recession — but prices have remained high.
(Bloomberg) -- The UK could be on the brink of a housing revolution to rival Margaret Thatcher’s council house sell-off in the 1980s. It may prove just as divisive.Most Read from BloombergChina Likely Fired Missiles Over Taiwan in Drills, Japan SaysHow a Celebrity CEO’s Rule of Fear Helped Bring Down Hot Startup ZilingoSneakerhead Accused of Running Huge Air Jordan Ponzi SchemePlans by the ruling Conservative Party, including possible 40-year fixed-rate mortgages, are the latest part of the “pro
Image source: The Motley Fool. HomeStreet (NASDAQ: HMST)Q2 2022 Earnings CallJul 26, 2022, 1:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon.
Shares of the government-sponsored entities (GSEs) Fannie Mae (OTC: FNMA) and Freddie Mac (OTC: FMCC) popped today for no obvious reason. In the final half hour of trading, shares of Fannie traded nearly 26% higher and shares of Freddie traded nearly 28% higher. Part of why Fannie and Freddie can move a lot is because they are now penny stocks with millions of shares trading hands each day.
University of New Mexico Associate Professor of Law Sonia Rankin speaks with Yahoo Finance Live about how artificial intelligence and technology in the home lending process is contributing to racial inequities.
It can be frustrating to talk about housing costs with others and hear how little they spend on mortgage payments compared to how much I spend on my rent every month. A major reason for this is the difference between rent and mortgage payments, and the real amount of money required to become a homeowner. What does a mortgage payment cover?
(Bloomberg) -- The UK government will explore ways to hand borrowers larger and longer mortgages in the hopes of encouraging more people to buy homes, with a review to be launched in the next few weeks.Most Read from BloombergChina Says It May Have Detected Signals From Alien CivilizationsStocks Jump as Powell Soothes Wall Street’s Nerves: Markets WrapFed Hikes 75 Basis Points; Powell Says 75 or 50 Likely in JulyWorld’s Central Banks Got It Wrong, and Economies Pay the PriceAmericans Are Buildin