Bill to kill $3M raises for Fannie, Freddie CEOs gains momentum

Bill to kill $3M raises for Fannie, Freddie CEOs gains momentum

Rep. Ed Royce-sponsored bill now has bipartisan support

First look: Architect Magazine showcases Fannnie Mae’s new corporate digs

It’s big and beautiful and it saves the GSE money

Fannie Mae: Mortgage lenders unnecessarily restrict credit

Higher credit scores, additional documentation most common
W S
The Ticker

Zillow stock is uniquely positioned

stock art
/ Print / Reprints /
| Share More
/ Text Size+

Zillow is a strategically positioned online real estate marketplace. The site is tied to the housing market, but still shares characteristics similar to Yelp. So how does this reflect in the company’s stock? CNBC explains:

Recent earnings showed revenues were up 68.7% year over year," Mad Money’s Jim Cramer said. "In fact, subscription revenues and ad revenues are growing like crazy."

"Also, billionaire investor James Packer has been betting heavily on Zillow, to the point where his fund now owns 9.4% of the company," Cramer added.

Those two metrics, Cramer said, are meaningful.

Source: CNBC
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus