Fannie Mae has announced a common stock dividend of $0.26 per share for the fourth quarter, unchanged from that of the previous quarter.The dividend will be paid Nov. 27 to registered stockholders as of the close of business on Oct 31, 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; $0.5738 per share of series G; $0.7263 per share of series H; $0.6719 per share of series I; $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; $0.8856 per share of series O; and $1,343.75 per share of convertible series 2004-1. The preferred dividends will be paid Dec. 31 to registered stockholders as of the close of business on Dec. 15, 2006. Fannie Mae can be found online at http://www.fanniemae.com.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25