Frannie Mae and Freddie Mac to pay dividends to U.S. Treasury
Fannie Mae and Freddie Mac are expected to pay a combined $4.7 billion in dividends to the U.S. Treasury Department by March, as the housing finance agencies posted stronger annual 2018 net incomes than a year earlier.
In September 2008, the federal government took control of the two enterprises in a $187 billion bailout during the global credit crisis, after they were exposed to failed subprime mortgages. The two agencies have handed over their profit to the U.S. Treasury under the terms of the conservatorship. Fannie and Freddie make money by charging fees to guarantee home loans made by banks and other lenders. They also earn income from investing in mortgages and related securities.
MORT in upward trend: 10-day moving average crossed above 50-day moving average on May 30, 2023
The 10-day moving average for MORT crossed bullishly above the 50-day moving average on May 30, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 26, 2023. You may want to consider a long position or call options on MORT as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MORT just turned positive on May 17, 2023. Looking at past instances where MORT's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .
MORT moved above its 50-day moving average on May 26, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MORT advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .
MORT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 71 cases where MORT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MORT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for MORT entered a downward trend on May 31, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category RealEstate
MORT and
Correlation & Price change
A.I.dvisor indicates that over the last year, MORT has been closely correlated with IYR. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if MORT jumps, then IYR could also see price increases.
| Ticker / NAME | Correlation To MORT | 1D Price Change % | ||
|---|---|---|---|---|
| MORT | 100% | -0.75% | ||
| IYR - MORT | 78% Closely correlated | +0.53% | ||
| VNQ - MORT | 78% Closely correlated | +0.48% | ||
| SCHH - MORT | 77% Closely correlated | +0.54% | ||
| REET - MORT | 76% Closely correlated | +0.45% | ||
| XLRE - MORT | 75% Closely correlated | +0.67% | ||
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