 |
Archive for May, 2008
LAS VEGAS—-Vestin Realty Mortgage II, Inc. , a real estate investment trust , announced that on May 19, 2008, Michael V. Shustek, the Company’s President, Chief Executive Officer and Chairman of its Board of Directors, has amended the 10b5-1 trading plan , announced on April 30, 2007, pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934.
Freddie Mac expects the shakeout in the mortgage industry to fuel substantial growth and a return to profitability for government-sponsored mortgage financiers, the company’s chief financial officer said in a presentation Tuesday.
The Board of Directors of Fannie Mae today declared an initial dividend of $0.23490 per share on the company’s preferred stock Series T.
Plan would let government back loans for troubled borrowers but not put taxpayers at risk. Banking Committee is likely to OK bill.
Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amounts redeemed, plus accrued interest thereon to the date of redemption: |