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Mortgage Investment News
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1. Fannie & Freddie Out of Pay Limit? - Zacks.com - 25 minutes ago
Pay Czar might excuse Fannie and Freddie from pay restrictions.
2. Fannie, Freddie proving too big to shrink - AP - Wed 8:08 pm ET
The government's Christmas Eve pledge of unlimited financial aid to mortgage giants Fannie Mae and Freddie Mac is aimed at making sure the housing market doesn't take another turn for the worse and cause the economic recovery to unravel.
3. Govt gives GMAC $3.8B in new aid, boosts stake - AP - Wed 7:17 pm ET
The government gave GMAC Financial Services another $3.8 billion in cash and took a majority stake in the auto lender, aiming to stabilize the company as it struggles with big losses in its home mortgage unit.
4. Time line: The slow collapse of Fannie, Freddie - AP - Wed 4:38 pm ET
Key events in the government's rescue of Fannie Mae and Freddie Mac: -- March 2008: As the housing market unravels, regulators loosen restraints on Washington-based Fannie and McLean, Va.-based Freddie so they can expand their support of the mortgage market.
5. Calendar of business events scheduled for Thursday - AP - Wed 2:12 pm ET
6. After 1 Year, Obama vs. Reagan - Zacks.com - Wed 10:59 am ET
One must conclude that Obama is doing at least as good a job on the economy as Reagan did in his first 11 months.
7. Hatteras Financial sets $1.20 4Q dividend - AP - Tue Dec 22
The board of directors of Hatteras Financial Corp. has declared a quarterly dividend of $1.20 per common share for the fourth quarter of 2009.
8. Annaly Capital declares 4th-quarter dividend - AP - Mon Dec 21
The board of directors of Annaly Capital Management Inc. has declared a fourth-quarter dividend of 75 cents. The real estate investment trust said the dividend is payable Jan. 28 to shareholders of record at Dec. 29.
9. Annaly Capital Management Announces Monthly Commentary for November - Business Wire - Wed Dec 9
NEW YORK----Annaly Capital Management, Inc. released its monthly commentary for November. Through its monthly commentary and blog, Annaly Salvos on the Markets and the Economy , Annaly expresses its thoughts and opinions on issues and events in the financial markets.
10. Fed Sticks To Script: Rates To Stay Low For 'Extended' Span - Investor's Business Daily - Wed Nov 4
The economy continues to "pick up" as housing rebounds and consumer spending shows signs of reviving, the Federal Reserve said...
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