Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 43 results for "Fannie Mae"

RMBS market on brink of collapse

ALEX DUNNIN  |  THURSDAY, 31 JUL 2008
... banks. The proposal is similar to how the home mortgage market is funded in Canada, but starkly different to the flawed Fannie Mae and Freddie Mac schemes used in the US, said Medcraft. "The difference between securitisers and banks is they can raise ...

SEC blocks bank short selling

MICHAEL HOBBS  |  MONDAY, 28 JUL 2008
... Morgan Chase, Lehman Brothers Holdings, Merrill Lynch & Co, Mizuho Financial Group, Morgan Stanley, UBS, Freddie Mac and Fannie Mae are also covered in the emergency order. "The SEC's mission to protect investors, maintain orderly markets and promote ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JUL 2008
... concerns about the health of the US financial system, fanned by troubles at large mortgage financiers Freddie Mac and Fannie Mae. Local energy stocks are expected to suffer from a large dip in the oil price. On the Sydney Futures exchange, the September ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 JUL 2008
... overnight in choppy trade amid growing investor doubts over the effectiveness a safety net set up for mortgage financiers Fannie Mae and Freddie Mac. The Treasury and the Federal Reserve said Sunday that they would aid the companies if needed. The blue-chip ...

Market Jitters Redux

BENJAMIN ONG  |  TUESDAY, 15 JUL 2008
... mortgage guarantees to their balance sheets as assets or liabilities, would hit the two pillars of the US housing market - Fannie Mae and Freddie Mac - severely, causing a knock-on effect on the capital markets. This is because the new accounting rules ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 JUL 2008
... YORK - US stocks fell in choppy trade amid growing investor doubts that a safety net set up for mortgage financiers Fannie Mae and Freddie Mac would head off further troubles in the financial markets. The Treasury and the Federal Reserve said Sunday ...

Market Wrap - Morning

AAP  |  MONDAY, 14 JUL 2008
... 1.1 per cent on Friday amid sustained worries over the financial health of mortgage-financing firms Freddie Mac and Fannie Mae and lingering concerns about corporate earnings. Shares in the two large mortgage financing firms fell by up to 50 per cent ...

Market Wrap - Morning

AAP  |  FRIDAY, 11 JUL 2008
... from retail titan Wal-Mart had helped support the market. But concerns about the financial health of Freddie Mac and Fannie Mae unsettled some investors who sold their shares in the government-chartered finance firms. The blue-chip Dow Jones Industrial ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUL 2008
... financial services companies logged steep declines during the session, government-sponsored lenders Freddie Mac and Fannie Mae were among those hardest hit. Investors are worried that the mortgage finance companies will have to sell more shares than ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 MAY 2008
... the broader All Ordinaries lost 19.8 points, or 0.34 per cent, to 5,777.9. NEW YORK - US stocks rose on Tuesday as Fannie Mae's reassuring comments about the credit and housing markets buoyed financial shares, while record crude oil prices lifted shares ...