Fannie Mae has announced a common stock dividend of $0.26 per share for the second quarter, unchanged from that of the previous quarter.The dividend will be paid May 25 to registered stockholders as of the close of business on April 28, 2006. Preferred stock dividends are: $0.65625 per share of series D; $0.63750 per share of series E; $0.5700 per share of series F; $0.2938 per share of series G; $0.7263 per share of series H; $0.6719 per share of series I; $0.5895 per share of series J; $0.6745 per share of series K; $0.6406 per share of series L; $0.5938 per share of series M; $0.6875 per share of series N; $0.8831 per share of series O; and $1,343.75 per share of convertible series 2004-1. The preferred dividends will be paid June 30 to registered stockholders as of the close of business on June 15, 2006. Fannie Mae can be found online at http://www.fanniemae.com.
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According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
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Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
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McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
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The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
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The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18