Tag: 苏州哪个场子有水磨

zhubzrzr

Fannie Mae, Freddie Mac Profit Growth Slows in Q3

first_imgSubscribe The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Tagged with: Fannie Mae Freddie Mac GSE Profits Mortgage-Backed Securities Secondary Market Previous: International Document Services Forms New Integrations Team Next: With Recent Republican Victories, Is GSE Reform Possible? Home / Daily Dose / Fannie Mae, Freddie Mac Profit Growth Slows in Q3 Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Tory Barringer Fannie Mae, Freddie Mac Profit Growth Slows in Q3 Servicers Navigate the Post-Pandemic World 2 days ago Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. Fannie Mae Freddie Mac GSE Profits Mortgage-Backed Securities Secondary Market 2014-11-06 Tory Barringer Fannie Mae and Freddie Mac are set to send another $6.8 billion to the U.S. Treasury after posting a mild increase in profits for the third quarter.For its part, Fannie Mae reported net income of $3.9 billion for the third quarter, up from a profit of $3.7 billion in Q2 but down from $8.7 billion from a year ago.According to Fannie Mae, the increase was driven primarily by lower fair value losses and an increase in revenues. Also contributing to the third-quarter boost in profits was a recently announced settlement between Goldman Sachs and the GSEs’ conservator, the Federal Housing Finance Agency (FHFA), over faulty residential mortgage-backed securities (RMBS).In a sour sign for the housing market, a shrinking portion of Fannie Mae’s earnings stemmed from credit-related income—$836 million compared to $1.9 billion the prior quarter. The company said the decrease was mostly due to a decline in its benefit for credit losses as home price appreciation continues to slow.Fannie Mae also acknowledged that a growing share of its revenues in recent years have come from increases in guaranty fees, a trend the company expects will continue as its mortgage portfolio contracts.Meanwhile, Freddie Mac reported net income of $2.1 billion for Q3, up from $1.4 billion the prior three-month period. The company attributed the increase to lower derivative losses (stemming from an upturn in long-term interest rates) and the same RMBS settlement that benefited Fannie Mae.Those improvements were counterbalanced against a drop in Freddie Mac’s provision for credit losses “driven by a slight worsening in loss severity,” the company said.As a result of their profitable quarter, Fannie Mae says it expects to pay $4.0 billion in dividends to Treasury in December, while Freddie Mac will pay $2.8 billion.By the end of this year, the two GSEs, which have been in conservatorship since 2008, will have returned a combined $225.5 billion to taxpayers—nearly $40 billion more than the amount the two companies were forced to draw to keep afloat in the aftermath of the financial crisis. Despite that, the GSEs’ agreement with the government stipulates they must continue to pay.That agreement has drawn the ire of the companies’ shareholders, some of whom are trying to take the government to court on claims it has robbed them of their share of the profits and kept the GSEs from being able to return to normalcy.Meanwhile, Washington continues to debate on what should happen to the two mortgage giants as policymakers work to revive private-label securitization and diminish the government’s role in the market. While there has been some support for plans to wind down the GSEs and replace them with a government corporation, those plans remain up in the air in the wake of Republicans’ takeover of the Senate. in Daily Dose, Featured, News, Secondary Market November 6, 2014 791 Views Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

CONTINUE READING
fewvnlki

Petrobras starts Peroba drilling

first_imgBrazilian oil company Petrobras has started drilling at the Peroba block in the pre-salt layer of the Santos Basin.The Peroba block is located 300 km off the coast of the state of Rio de Janeiro, south of the Lula field and east of the Sapinhoá field.The location near these fields, which are among the most productive of the pre-salt, indicates the high potential of the area, Petrobras has said. The water depth is between 2,100 m and 2,600 m and the total area is 1,073.41 km².Petrobras is the operator (40%), in partnership with BP Energy do Brasil Ltda. (40%) and with CNODC Brasil Petróleo e Gás Ltda. (20%), a subsidiary of CNPC.last_img read more

CONTINUE READING
jbrpcvxl

Dalung to Meet NFF Technical Committee over Eagles Defeat in Uyo Â

first_imgThe Minister of Youth and Sports, Solomon Dalung, is to hold an emergency meeting with the Technical Committee of the Nigeria Football Federation (NFF) on Tuesday.According to a statement from the Special Assistant to the Minister (Media), Nneka Ikem-Anibeze, the meeting will hold in the Minister’s conference room at the Federal Secretariat, Abuja at 2pm.Dalung’s meeting the NFF’s Technical Committee headed by Chris Green is coming on the heels of the Super Eagles AFCON 2019 qualifier 0-2 loss to visiting Bafana Bafana of South Africa at the Godswill Akpabio International Stadium in Uyo at the weekend. Nigeria is now third in the Group E table behind Libya and South Africa. Seychelles is the fourth team in the group.  Meanwhile, the Minister has called on football lovers and Nigerians generally to collectively support the Super Eagles in their quest for Africa Cup of Nations and World Cup tickets.“This is a temporary setback which is surmountable. We need to sit with the Technical Committee and crew to find out the immediate and remote causes of this setback. “We have very young talented players in the Super Eagles and we trust that with more hard work and determination, this result can be reversed when we go to South Africa.“This is just the beginning of a long journey. The Super Eagles will definitely be in Cameroon because we can’t afford to be absent at the Africa Cup of Nations for a third consecutive time.“We must do all within our means to support the team when they win and when there’s a setback. We will ensure that no stone is left unturned in our pursuit of a ticket to Cameroon.” Dalung assured football stakeholders.Meanwhile, South Africa Head Coach Stuart Baxter has revealed that plaudits have continued to trail Bafana Bafana’s 2-0 defeat of Nigeria last weekend.“I have received countless messages of congratulations, mostly from back home in South Africa. They are still trickling it and it goes to show what this win means for the country,” said an emotional Baxter.“It is the way the victory was achieved which has been so emotional. The long trip to west Africa, the short preparation period and then go into the match and completely outplay the home favourites is something special,” reflected Baxter.He said Bafana were cautious in the opening minutes but once they realised the Super Eagles were there for the taking, they completely took control of the game.“We were comfortable on the ball, hit the post twice; I am absolutely delighted. This is what South Africa should do on a regular basis,” he said, touching on how successful Vision 2022 was penning out.   Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

CONTINUE READING