Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Periodicals
FHFA yet to reach deal on Fannie, Freddie exit, WSJ reports » 07:20
11/20/20
11/20
07:20
11/20/20
07:20
FNMA

Fannie Mae

$0.00 /

+ (+0.00%)

, FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

The Federal Housing…

The Federal Housing Finance Agency is pushing to speed up Fannie Mae (FNMA) and Freddie Mac's (FMCC) exit from government control but has yet to reach an agreement with Treasury Secretary Steven Mnuchin, Andrew Ackerman of Wall Street Journal reports, citing people familiar with the matter. Mark Calabria, head of the Federal Housing Finance Agency, has made it a priority to return Fannie and Freddie to private hands, a goal shared by Mnuchin, reports Ackerman. Completing the complex process before President Trump's term ends on January 20 is a long shot, he adds. Reference Link

ShowHide Related Items >><<
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Fannie Mae initiated with an Outperform at Wolfe Research
09/17/20
Fly Intel: Top five analyst downgrades
09/17/20 Odeon Capital
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell
09/17/20 Odeon Capital
Fannie Mae downgraded to Sell from Hold at Odeon Capital
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Freddie Mac initiated with an Outperform at Wolfe Research
09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

Hot Stocks
Fannie Mae, Freddie Mac on trajectory to become well capitalized, says Pershing Square  11:44
11/19/20
11/19
11:44
11/19/20
11:44
FNMA

Fannie Mae

$0.00 /

+ (+0.00%)

, FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

, PSHZF

Pershing Square Holdings

$0.00 /

+ (+0.00%)

 
ShowHide Related Items >><<
PSHZF Pershing Square Holdings
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Fannie Mae initiated with an Outperform at Wolfe Research
09/17/20
Fly Intel: Top five analyst downgrades
09/17/20 Odeon Capital
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell
09/17/20 Odeon Capital
Fannie Mae downgraded to Sell from Hold at Odeon Capital
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Freddie Mac initiated with an Outperform at Wolfe Research
09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
PSHZF Pershing Square Holdings
$0.00 /

+ (+0.00%)

09/04/20 UBS
Pershing Square Holdings initiated with a Neutral at UBS
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

Hot Stocks
FHFA requires Freddie Mac, Fannie Mae to hold $283B in combined capital » 17:21
11/18/20
11/18
17:21
11/18/20
17:21
FNMA

Fannie Mae

$0.00 /

+ (+0.00%)

, FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

The Federal Housing…

The Federal Housing Finance Agency, or FHFA, issued a Final Capital Rule establishing a new regulatory capital framework for Fannie Mae (FNMA) and Freddie Mac (FMCC), requiring that they hold $171B and $112B in prescribed capital conservation buffer amount, or PCCBA, respectively. Reference Link

ShowHide Related Items >><<
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Fannie Mae initiated with an Outperform at Wolfe Research
09/17/20
Fly Intel: Top five analyst downgrades
09/17/20 Odeon Capital
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell
09/17/20 Odeon Capital
Fannie Mae downgraded to Sell from Hold at Odeon Capital
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Freddie Mac initiated with an Outperform at Wolfe Research
09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

Hot Stocks
FHFA says Fannie Mae, Freddie Mac should hold $280B in capital » 16:06
11/18/20
11/18
16:06
11/18/20
16:06
FNMA

Fannie Mae

$0.00 /

+ (+0.00%)

, FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

"The final rule is…

"The final rule is another milestone necessary for responsibly ending the conservatorships," FHFA Director Mark Calabria stated. "FHFA is confident that the final rule puts Fannie Mae and Freddie Mac on a path toward a sound capital footing."

ShowHide Related Items >><<
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Fannie Mae initiated with an Outperform at Wolfe Research
09/17/20
Fly Intel: Top five analyst downgrades
09/17/20 Odeon Capital
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell
09/17/20 Odeon Capital
Fannie Mae downgraded to Sell from Hold at Odeon Capital
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Freddie Mac initiated with an Outperform at Wolfe Research
09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

Hot Stocks
New York Times appoints Jacqueline Welch as EVP, CHRO » 10:02
11/17/20
11/17
10:02
11/17/20
10:02
NYT

New York Times

$40.30 /

-0.65 (-1.59%)

, FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

The New York Times…

The New York Times Company (NYT) announced that it has named Jacqueline Welch as executive vice president and chief human resources officer. Welch will report directly to president and CEO Meredith Kopit Levien. She will sit on the company's executive committee and lead its Talent & Inclusion department when she joins The Times on Jan. 11, 2021. Welch joins The Times Company from Freddie Mac (FMCC), where she has served as senior vice president, chief human resources officer and chief diversity officer since 2016.

ShowHide Related Items >><<
NYT New York Times
$40.30 /

-0.65 (-1.59%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

NYT New York Times
$40.30 /

-0.65 (-1.59%)

11/09/20 Evercore ISI
New York Times upgraded to Outperform from In Line at Evercore ISI
10/27/20 JPMorgan
New York Times selloff brings attractive entry point, says JPMorgan
10/14/20
Fly Intel: Top five analyst initiations
10/14/20 Morgan Stanley
New York Times initiated with an Overweight at Morgan Stanley
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

11/06/20 Wolfe Research
Freddie Mac initiated with an Outperform at Wolfe Research
09/17/20
Fly Intel: Top five analyst downgrades
09/17/20 Odeon Capital
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell
09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
NYT New York Times
$40.30 /

-0.65 (-1.59%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

NYT New York Times
$40.30 /

-0.65 (-1.59%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

NYT New York Times
$40.30 /

-0.65 (-1.59%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

Initiation
Freddie Mac initiated with an Outperform at Wolfe Research » 09:30
11/06/20
11/06
09:30
11/06/20
09:30
FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

Wolfe Research analyst…

Wolfe Research analyst Matt Howlett initiated coverage of Freddie Mac with an Outperform rating and $5 price target. Howlett is launching coverage of the Mortgage Finance sector with a Market Overweight rating based on his expectation for increased consumer demand for housing amid low interest rates and Fed stimulus. He is starting the Commercial Mortgage Finance sector with a Market Underweight rating based on concerns around underlying property values, which could increase defaults.

ShowHide Related Items >><<
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

09/17/20
Fly Intel: Top five analyst downgrades
09/17/20 Odeon Capital
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell
09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
07/13/20 B. Riley Securities
B. Riley FBR upgrades Fannie, Freddie to Neutral on SCOTUS action
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

Over a month ago
Earnings
Freddie Mac reports Q3 revenue $5.066B vs. $3.38B a year ago » 08:24
10/29/20
10/29
08:24
10/29/20
08:24
FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

Reports net income of…

Reports net income of $2.5B and comprehensive income of $2.4B, up $0.7B and $0.5B, respectively, from the prior quarter, driven by guarantee portfolio growth, higher upfront fee income recognition, and strong margins on Multifamily loan commitments. Reports provision for credit losses of $0.3B, reflecting both portfolio growth and stabilization of estimates of expected credit losses related to the COVID-19 pandemic. "The company delivered strong earnings on higher revenues, substantially increasing our total equity by $2.5 billion to $13.9 billion - bringing us one step closer to our goal of responsibly exiting conservatorship. We did this while helping hundreds of thousands of families buy, rent and remain in their homes," said David Brickman, CEO of Freddie Mac.

ShowHide Related Items >><<
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

09/17/20
Fly Intel: Top five analyst downgrades
09/17/20 Odeon Capital
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell
09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
07/13/20 B. Riley Securities
B. Riley FBR upgrades Fannie, Freddie to Neutral on SCOTUS action
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

Downgrade
Fly Intel: Top five analyst downgrades » 10:25
09/17/20
09/17
10:25
09/17/20
10:25
CF

CF Industries

$33.33 /

+0.01 (+0.03%)

, GD

General Dynamics

$143.71 /

-2.94 (-2.00%)

, NVCR

Novocure

$109.89 /

+2.64 (+2.46%)

, FNMA

Fannie Mae

$0.00 /

+ (+0.00%)

, KREF

KKR Real Estate Finance

$18.23 /

-0.345 (-1.86%)

, FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. CF Industries (CF) downgraded to Hold from Buy at HSBC. 2. General Dynamics (GD) double downgraded to Sell from Buy at Goldman Sachs with analyst Noah Poponak saying the company faces "incremental fundamental challenges" in each of its main business segments, which creates downside risk to consensus earnings expectations in the near-to-medium term. 3. Novocure (NVCR) downgraded to Hold from Buy at Truist with analyst Gregg Gilbert saying he remains bullish on the long-term platform potential of the Novocure story and that the risk/reward for the stock over the next 6-12 months has become more balanced after its recent run. 4. Fannie Mae (FNMA) and Freddie Mac (FMCC) were both downgraded to Sell from Hold at Odeon Capital. 5. KKR Real Estate Finance (KREF) downgraded to Neutral from Buy at Citi with analyst Arren Cyganovich saying the downgrade reflects the strong performance of the shares since lows reached in March of this year. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage click here.

ShowHide Related Items >><<
NVCR Novocure
$109.89 /

+2.64 (+2.46%)

KREF KKR Real Estate Finance
$18.23 /

-0.345 (-1.86%)

GD General Dynamics
$143.71 /

-2.94 (-2.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

CF CF Industries
$33.33 /

+0.01 (+0.03%)

09/17/20 HSBC
CF Industries downgraded to Hold from Buy at HSBC
09/15/20 Susquehanna
Deteriorating crop conditions positive for fertilizers, says Susquehanna
08/10/20 Citi
CF Industries upgraded to Buy from Neutral at Citi
08/07/20
Fly Intel: Top five analyst upgrades
GD General Dynamics
$143.71 /

-2.94 (-2.00%)

09/17/20 Goldman Sachs
General Dynamics downgraded to Sell from Buy at Goldman Sachs
09/08/20 Morgan Stanley
General Dynamics initiated with an Underweight at Morgan Stanley
08/03/20
Fly Intel: Top five analyst downgrades
08/03/20 Argus
General Dynamics downgraded to Hold from Buy at Argus
NVCR Novocure
$109.89 /

+2.64 (+2.46%)

09/17/20 Truist
Novocure downgraded to Hold from Buy at Truist
09/17/20 Truist
Novocure downgraded to Hold from Buy at Truist
09/17/20 Piper Sandler
Novocure price target raised to $125 from $89 at Piper Sandler
08/13/20 Piper Sandler
Novocure leadership transitions 'encouraging,' says Piper Sandler
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

09/17/20 Odeon Capital
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell
09/17/20 Odeon Capital
Fannie Mae downgraded to Sell from Hold at Odeon Capital
07/22/20 Wedbush
Wedbush starts Fannie Mae at Underperform, sees shares heading to zero
07/21/20 Wedbush
Fannie Mae initiated with an Underperform at Wedbush
KREF KKR Real Estate Finance
$18.23 /

-0.345 (-1.86%)

09/16/20 Citi
KKR Real Estate Finance downgraded to Neutral from Buy at Citi
03/26/20 Citi
KKR Real Estate Finance upgraded to Buy from Neutral at Citi
12/02/19 Compass Point
KKR Real Estate Finance initiated with a Neutral at Compass Point
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
07/13/20 B. Riley Securities
B. Riley FBR upgrades Fannie, Freddie to Neutral on SCOTUS action
07/13/20 B. Riley Securities
Freddie Mac upgraded to Neutral from Sell at B. Riley FBR
NVCR Novocure
$109.89 /

+2.64 (+2.46%)

GD General Dynamics
$143.71 /

-2.94 (-2.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

CF CF Industries
$33.33 /

+0.01 (+0.03%)

GD General Dynamics
$143.71 /

-2.94 (-2.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

NVCR Novocure
$109.89 /

+2.64 (+2.46%)

GD General Dynamics
$143.71 /

-2.94 (-2.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

CF CF Industries
$33.33 /

+0.01 (+0.03%)

GD General Dynamics
$143.71 /

-2.94 (-2.00%)

CF CF Industries
$33.33 /

+0.01 (+0.03%)

Downgrade
Odeon Capital cuts rating on Fannie Mae, Freddie Mac common shares to Sell » 08:04
09/17/20
09/17
08:04
09/17/20
08:04
FNMA

Fannie Mae

$0.00 /

+ (+0.00%)

, FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

As previously reported,…

As previously reported, Odeon Capital analyst Dick Bove downgraded the common shares of both Fannie Mae (FNMA) and Freddie Mac (FMCC) to Sell from Hold after listening to the hearings in front of the U.S. House Committee on Financial Services. His sense following the hearings is that "the release of the two companies from their conservatorships any time in the next few years is highly unlikely," Bove tells investors. However, for junior preferred shareholders, the odds of the two companies remaining in or getting out of conservatorship is "irrelevant," as the issue for them is whether the federal government abused its authority, which he believes that it did, Bove said, adding that he thinks "the junior preferred shares are buys."

ShowHide Related Items >><<
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

09/17/20 Odeon Capital
Fannie Mae downgraded to Sell from Hold at Odeon Capital
07/22/20 Wedbush
Wedbush starts Fannie Mae at Underperform, sees shares heading to zero
07/21/20 Wedbush
Fannie Mae initiated with an Underperform at Wedbush
07/13/20 B. Riley Securities
B. Riley FBR upgrades Fannie, Freddie to Neutral on SCOTUS action
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

09/17/20 Odeon Capital
Freddie Mac downgraded to Sell from Hold at Odeon Capital
07/13/20 B. Riley Securities
Freddie Mac upgraded to Neutral from Sell at B. Riley FBR
07/09/20 Odeon Capital
Freddie Mac upgraded to Hold from Sell at Odeon Capital
FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

FNMA Fannie Mae
$0.00 /

+ (+0.00%)

Downgrade
Freddie Mac downgraded to Sell from Hold at Odeon Capital » 07:38
09/17/20
09/17
07:38
09/17/20
07:38
FMCC

Freddie Mac

$0.00 /

+ (+0.00%)

Odeon Capital analyst…

Odeon Capital analyst Richard Bove downgraded Freddie Mac to Sell from Hold.

ShowHide Related Items >><<
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

07/13/20 B. Riley Securities
B. Riley FBR upgrades Fannie, Freddie to Neutral on SCOTUS action
07/13/20 B. Riley Securities
Freddie Mac upgraded to Neutral from Sell at B. Riley FBR
07/09/20 Odeon Capital
Freddie Mac upgraded to Hold from Sell at Odeon Capital
06/04/20 Nomura
Nomura boosts Freddie Mac target to $5, sees dividends after Q3 of 2024
FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

FMCC Freddie Mac
$0.00 /

+ (+0.00%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.