Fannie Mae's equity is a severely underwater call option that we think will prove worthless.
Freddie Mac's common equity continues to be pushed further and further back in line as fresh capital from the U . S . Treasury steps to the front of the line . Of all the political outcomes being discussed , none would be very friendly to existing common shareholders . Freddie looks under -
Freddie Mac's common equity continues to be pushed further and further back in line as fresh capital from the U . S . Treasury steps to the front of the line . Of all the political outcomes being discussed , none would be very friendly to existing common shareholders . Until Freddie Mac shares are
Fannie Mae's equity is a severely underwater call option that we think will prove worthless.
Freddie Mac FRE posted a third-quarter net loss of $5 billion, but $8.5 billion of securities write-ups--which bypassed the income statement--helped the firm retain a positive book equity value of $10.4 billion at quarter-end. Despite impressive gains in net interest income resulting from implicit
In the third quarter, Annaly Capital Managament NLY continued to benefit from low funding costs and a spread increase to 2.65% from 2.47%, as well as growing returns from its registered investment advisors. The firm reported core earnings of $413.3 million or $0.75 per share for the quarter, a 23%
Redwood's industry is changing significantly, but the REIT is fairly well capitalized.
We are no longer providing equity research on Hatteras Financial HTS. We provide broad coverage of more than 1,800 companies across 91 industry groups and adjust our coverage as necessary based on client demand and investor interest.