(CHICAGO)Sovereign Bancorp and Cascade Financial are among the banks that could take a hit on the value of preferred stock they hold in Fannie Mae and Freddie Mac after the U.S. government'...READ MORE
(NEW YORK)Chicago-area banker Midwest Banc Holdings Inc. on Monday said it remains well capitalized, after its stock fell more than 22 percent on the U.S. government's move to bail out mortg...READ MORE
(WASHINGTON)Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared les...READ MORE
(WASHINGTON)Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared les...READ MORE
(NEW YORK)Friedman, Billings, Ramsey & Co. analyst David Rochester on Wednesday warned that Midwest Banc Holdings Inc. is among the banks in his coverage area with a significant amount of eq...READ MORE
(WASHINGTON)Shares of Fannie Mae and Freddie Mac soared Monday in a respite from their battering in recent days, while some regional banks saw their stocks sink on worries they could be swept ...READ MORE
(NEW YORK)A director of Midwest Banc Holdings, which operates banks in Chicago, bought 13,000 shares of stock, according to a Securities and Exchange Commission filing Monday.READ MORE