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Freddie Mac's Latest Victory

Today's top stories for banking and financial sector investors. Newmakers include Fannie Mae, Freddie Mac, Bank of America, Wells Fargo, and JPMorgan Chase.

By Matt Koppenheffer and David Hanson – Oct 1, 2013 at 9:21PM EST

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the day's headlines. Among the newsmakers they discuss are the government shutdown, Wells Fargo's (WFC +0.26%) latest settlement, and the biggest investment banks.


Matt is donning his hat in honor of the Fool launching its new Stock Advisor Canada service!

Read Next

About the Author

Matt Koppenheffer
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.
TMFKopp
X@KoppTheFool

David Hanson owns shares of Goldman Sachs and JPMorgan Chase. Matt Koppenheffer owns shares of Goldman Sachs, Bank of America, and JPMorgan Chase. The Motley Fool recommends Bank of America, Goldman Sachs, and Wells Fargo. It owns shares of Bank of America, JPMorgan Chase, LAZARD, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Stocks Mentioned

Bank of America Stock Quote
Bank of America
NYSE: BAC
$53.91
(+0.75%)+$0.40
JPMorgan Chase Stock Quote
JPMorgan Chase
NYSE: JPM
$310.29
(+0.11%)+$0.34
Wells Fargo Stock Quote
Wells Fargo
NYSE: WFC
$81.41
(+0.20%)+$0.16
Federal National Mortgage Association Stock Quote
Federal National Mortgage Association
OTC: FNMA
$8.26
(+5.70%)+$0.45
Federal Home Loan Mortgage Stock Quote
Federal Home Loan Mortgage
OTC: FMCC
$7.15
(+4.38%)+$0.30

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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