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Zacks News
The Zacks Analyst Blog Highlights: PennyMac, Mr. Cooper and Annaly Capital
by Zacks Equity Research
The Zacks Analyst Blog Highlights: PennyMac, Mr. Cooper and Annaly Capital
Residential Mortgage Market Rebounds: 3 Stocks to Buy
by Devyani Chamria
Declining number of homeowners in mortgage bailout plans and the delay in the implementation date of adverse market refinance fee come as a breather for the residential mortgage market.
Bank Stock Roundup: Fed's Policy Shift, Restructuring, JPM, WFC, C in Focus
by Swayta Shah
Low mortgage rates, business restructuring initiatives and greater emphasis on digital offerings are set to support major bank stocks in the quarters ahead.
New Fees on Refinances Might Impact Mortgage Servicers
by Radhika Saraogi
Mortgage servicers will likely have to bear the brunt of the new refinancing fees introduced by Fannie Mae and Freddie Mac.
New Refinancing Fee Likely to Hurt Banks' Mortgage Revenues
by Nikita Kataruka
Banks with mortgage banking operations will likely have to bear the consequences of the new refinancing fee introduced by Fannie Mae and Freddie Mac, effective Sep 1.
Mortgage & Related Services Outlook: Near-Term Prospects Dull
by Zacks Equity Research
Though Mortgage & Related Services impacted by the pandemic might revive soon on subsiding effects on the industry and low interest rates, subdued home sales and refinancing volumes are concerning.
New Strong Buy Stocks for May 15th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
The Zacks Analyst Blog Highlights: Bank of America, Fannie Mae, JPMorgan, Citigroup and Wells Fargo
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Bank of America, Fannie Mae, JPMorgan, Citigroup and Wells Fargo
Banks to Benefit From Easing of False Claims Act by HUD
by Zacks Equity Research
Banks' worries will likely ease as the HUD issues a MOU with the DOJ for the appropriate use of the False Claims Act in relation to violations by FHA-insured mortgage lenders.
What's in the Cards for Fannie Mae (FNMA) in Q3 Earnings?
by Zacks Equity Research
Fannie Mae's (FNMA) earnings in the third quarter of 2019 are expected to reflect benefits from an increase in mortgage loans.
Nomura, RBS Appeal Against $839M Mortgage Bond Case Annulled
by Zacks Equity Research
The 2nd U.S. Circuit Court of Appeals in New York rescinds appeal filed by two of the world's biggest banks -- Nomura Holdings (NMR) and The Royal Bank of Scotland Group (RBS) -- to overturn a settlement agreed in 2015.
Fannie and Freddie's Flex Modification to Replace HAMP
by Zacks Equity Research
Fannie Mae (FNMA) and Freddie Mac (FMCC), recently announced the new Flex Modification foreclosure prevention program, which was developed at the direction of the Federal Housing Finance Agency (FHFA).
What's Ahead for Fannie Mae & Freddie Mac Under Mnuchin?
by Zacks Equity Research
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) jumped over 40% last Wednesday triggered by the comments of Steven Mnuchin, Donald Trump's nominee for Treasury Secretary, favoring the privatization of these two companies