Meanwhile, Fannie Mae has announced a 15.6% increase in its common stock dividend, from $0.45 per share to $0.52 per share.The dividend will be paid Feb. 25 to registered stockholders as of the close of business on Jan. 31, 2004. Preferred stock dividends are: $0.65625 per share of series D; $0.63750 per share of series E; $0.4425 per share of series F; $0.2288 per share of series G; $0.7263 per share of series H; $0.6719 per share of series I; $0.4725 per share of series J; $0.3750 per share of series K; $0.6406 per share of series L; $0.5938 per share of series M; and $0.6875 per share of series N. The preferred dividends will be paid March 31 to registered stockholders as of the close of business on March 15, 2004.
-
McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
52m ago -
The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
2h ago -
The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
3h ago -
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18 -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
April 18 -
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
April 18