The values are undeniably tempting in a beaten-down sector. But is now the right time to buy?
The mortgage heavyweights are continuing to return cash to taxpayers, buoyed partly by the recovering housing market.
Shares sell off as much as 14% following bad news on loans.
The CFO says the company is still finalizing its regulatory cost estimate, but now investors see a big, fat number.
US markets are set to start the session unchanged as investors digest some key earnings results and await consumer sentiment data.
Once a casualty of the mortgage meltdown, Fannie Mae is now solidly profitable. But its future is in the hands of Congress.
The shares of both bailed-out mortgage giants were up considerably in trading Wednesday, a day after both popped over 30%.
The deal with Fannie Mae will wipe out nearly all of the bank's fourth-quarter profit.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Tired of your wallet taking a beating at the grocery store? Here are some creative ways to save big on food costs.
Even when they have a plan for their refund check from Uncle Sam, Americans often don't realize how they actually spend the windfall.
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