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The Largest Mortgage Lender In The U.S. Just Filed To Go Public

Plus, stocks rebounded off yesterday’s lows but experts warn there’s more pain ahead in the near-term, Wynn resorts got a boost after an update on its Macau casinos, and American Airlines shares are up after the carrier said an uptick in demand could help it wipe out its cash burn by the end of the year.

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Mortgage
One Hot Stock

Freddie Mac (FMCKM) – Buy Price: $6.00 or better

Buy Price: $6.00 or better Sell Price: TradersPro Sell Signal Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through three segments: Single-family Guarantee, Multifamily, and Capital Markets. The Single-family Guarantee […]

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Mortgage
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Century Communities, Inc. (CCS) Buy Target $20.60 Sell Target $27.75

Trade Setup Buy Target $20.60 Sell Target $27.75 Century Communities, Inc., together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and development of the underlying land; and provision of mortgage, title, and insurance services to its home buyers.

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Campbell Soup Shares Get An Upgrade As Consumers Stockpile Food

Plus, 30-year mortgage rates have fallen to their lowest level ever amid coronavirus fears, and an analyst says Gilead’s COVID-19 treatment only has a 50/50 chance, at best, of proving successful.

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Housing Market
Lending
Mortgage
One Hot Stock

Federal National Mortgage Association (FNMA) Buy Target – $3.42 or better

Buy Target – $3.42 or better Sell Target – TradersPro Sell Signal Federal National Mortgage Association provides a source of liquidity to the mortgage market and supports the availability and affordability of housing in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates […]

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Financial Terms
Mortgage
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Anworth Mortgage Asset Corporation (ANH) Buy Target $3.39 Sell Target $3.61

Trade Setup Buy Target $3.39 Sell Target $3.61 Anworth Mortgage Asset Corporation operates as a real estate investment trust (REIT) in the United States. It primarily invests in, finances, and manages a leveraged portfolio of residential mortgage-backed securities and loans that are guaranteed by government-sponsored enterprises, such as the Federal National Mortgage Association or the […]

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Mortgage
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Federal National Mortgage Association (FNMA)- Buy Target – $2.80 or Better

Trade Setup Buy Target – $2.80 or Better Sell Target – TradersPro Sell Signal Federal National Mortgage Association provides a source of liquidity to the mortgage market and supports the availability and affordability of housing in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The […]

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Lending
Mortgage
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TradersPro Alerts

Mr. Cooper Group Inc. (COOP) Buy Target $9.88 – Sell Target $11.93

Trade Setup Buy Target $9.88 Sell Target $11.93 Stop Loss $7.40 Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through three segments: Servicing, Originations, and Xome. The Servicing segment performs activities for originated and purchased loans, as well as operates as […]

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