PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
W S
Investments / The Ticker

Big investors staying with Fannie, Freddie

Even with lawmaker reform plans

buy_sell
/ Print / Reprints /
| Share More
/ Text Size+

A Senate proposal for winding down Fannie Mae and Freddie Mac slammed the share prices of the two government-owned mortgage agencies over the last two days, but big investors aren't running away yet.

Shares of Fannie and Freddie fell 12% and 17%, respectively, on Wednesday [March 12], one day after Senate Banking Committee leaders agreed on a framework for a bill to draw down the lenders.

According to Reuters Hedgeworld service, despite this week's losses, several investors said they plan to stay the course, acknowledging that they were aware they had invested in such volatile stocks.

Source: Hedgeworld
Read full story

Recent Articles by Jacob Gaffney

Comments powered by Disqus