Secondary

Castle & Cooke Mortgage has announced that Adam Thorpe, the company's president and chief operating officer, has been appointed to Fannie Mae's Single-Family Risk Advisory Board
Castle & Cooke Mortgage has announced that Adam Thorpe, the company's president and chief operating officer, has been appointed to Fannie Mae's Single-Family Risk Advisory Board. The Risk Advisory Board (RAB) helps shape the credit policies of Fannie Mae, and provides input on process... Keep Reading....
Fannie Mae and Freddie Mac could require a taxpayer bailout of up $126 billion in the event the global economy turns sour
Fannie Mae and Freddie Mac could require a taxpayer bailout of up $126 billion in the event the global economy turns sour, according to the latest stress test performed on the government-sponsored enterprises (GSEs) by their regulator, the Federal Housing Finance Agency (FHFA). As part of the 2016... more
Fannie Mae reported healthy returns for the second quarter, with net income of $2.9 billion and comprehensive income of $2.9 billion, up from the first quarter’s net income of $1.1 billion and comprehensive income of $936 million
Fannie Mae reported healthy returns for the second quarter, with net income of $2.9 billion and comprehensive income of $2.9 billion, up from the first quarter’s net income of $1.1 billion and comprehensive income of $936 million. Fannie Mae also reported a positive net worth of $4.1 billion for... more
Freddie Mac reported net income of $993 million for the second quarter
Freddie Mac reported net income of $993 million for the second quarter, a considerable turnaround from its net loss of $354 million in the first quarter, as well as a comprehensive income total of $1.1 billion for the second quarter that was miles removed from the comprehensive loss of $200 million... more
Within the real estate investment trust (REIT) industry, Kenneth D. Campbell has rock star status. A one-time journalist, he founded Audit Investments Inc. in 1969 and merged the firm in 1992 into a new entity that became CBRE Clarion Securities, a global real estate securities firm now managing $... more