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Freddie Mac Creates Bonds Supported By Modified Mortgages

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May 23, 2013
TEST6freddie mac

Mortgage giant Freddie Mac (OTCBB:FMCC) announced today that it started creating bonds supported by certain performing modified mortgage loans held in the company’s mortgage-related investment portfolios. Freddie Mac (OTCBB:FMCC) already completed $1 billion of securitization. According to the government-controlled mortgage financier, the loans were modified to help borrowers who were at risk of foreclosures to stabilize markets and prevent losses. Freddie Mac emphasized that loans should be current for at least six consecutive months...
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Intel Corporation (INTC) CEO Krzanich Works On “Speed Of Execution”

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May 23, 2013
TEST6Intel Corporation

Intel Corporation (NASDAQ:INTC) may, in future years, see 2013 as a defining year for the processor manufacturer. So far this year the company has announced a new CEO, and his influence on the company seems to have already driven more excitement about the firm. The headline issue that Krzanich is set to work on is “speed of execution.” According to a new Citigroup Inc (NYSE:C) report on the firm, after asking Intel Corporation (NASDAQ:INTC) executives about...
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Market News: Hewlett-Packard, Tesla Motors, Ralph Lauren, JC Penney

in Business May 23, 2013

Ally Financial Agrees To Pay $2B As Part Of ResCap Settlement

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China Property Fears Stall $6.5 trillion Urbanization Plan

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Nokia: What ‘Good Enough’ Android Phones Mean For It

in Technology May 23, 2013

The Federal Reserve Vs. Interest Rates [INFOGRAPHIC]

in Info-Graphs May 23, 2013

AZO, ORLY, PBY: Harsh Winter Springing Gains

in Stocks May 23, 2013

European Reinsurers Have Risk Filled Summer Ahead: Citi

in Business May 23, 2013

New Android Malware Forwards Messages To Criminals [REPORT]

in Technology May 23, 2013

Android To Hit Research In Motion Ltd (BBRY) In Emerging Markets

in Technology May 23, 2013