Height Securities

On Thursday, director of the Federal Housing Finance Agency Mel Watt reportedly testified in front of the Senate Banking Committee calling for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Association (OTC: FMCC) to begin retaining their earnings rather than...

Somewhere beyond the cacophony over President Donald Trump’s firing of FBI Director James Comey is a steady, behind-the-scenes hum about healthcare, which won’t stay yesterday’s news for very long. Analysts at Height Securities, LLC say the U.S. Senate has to deal with healthcare...

The Federal Communications Commission is debating instituting significant policy changes that Height Securities expects to positively shake the communications sector. FCC Chairman Ajit Pai recently announced proposed amendments to calculate national television market share accounting for new...

Hertz Global Holdings, Inc (NYSE: HTZ) is the latest company to comment on the deterioration of the auto market in 2017. According to Hertz, the company’s vehicle depreciation increased by 15 percent in the first quarter of the year. In the company’s earnings presentation, Hertz...

Following media reports of Comcast Corporation (NASDAQ: CMCSA) and Charter Communications, Inc. (NASDAQ: CHTR) striking a one-year partnership relating to wireless mergers, Height Securities weighed in the M&A options before the companies in the wireless and spectrum spaces. The deal, according...

Federal National Mortgage Association (OTC: FNMA) reported net income of $2.77 billion in Q1, falling a bit short of Wall Street expectations. However, the government sponsored entity and its cousin Federal Home Loan Mortgage Corp (OTC: FMCC) delivered yet another quarter of profits, fueling...

Height Securities likes to offer betting odds on major political events, from federal government shutdowns to impending tax reforms. Over the last few months, the firm has closely followed and posited probabilities for efforts to repeal and replace the Affordable Care Act. Now, as a new American...

Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors suffered yet another disappointment Monday when Treasury Secretary Steven Mnuchin clearly stated he never said Fannie and Freddie would be privatized, news that sent shared of the government-...

T-Mobile US Inc (NASDAQ: TMUS), DISH Network Corp (NASDAQ: DISH) and Comcast Corporation (NASDAQ: CMCSA) were three of the biggest buyers in a government auction of wireless spectrum that drew to a close earlier this month. On Thursday, a Federal Communications Commission collusion ban tied to the...

Evidence continues to mount that the subprime auto lending market has a bumpy road ahead. New data suggests U.S. dealers are struggling to sell automobiles so far in 2017, and subprime lenders are taking notice. CNBC’s Phil LeBeau reports that auto dealers are offering record-high incentives...

Congress has until midnight on Friday night to avoid a partial government shutdown by passing a spending bill to fund government operations. While most investors are hoping to avoid the headache of a shutdown, at least one class of investors may be hoping negotiations continue to be hard-fought....

Ocwen Financial Corp (NYSE: OCN) shares are down 54.3 percent in the past week after more than 20 states issued cease-and-desist orders against the company related to alleged mismanagement of escrow accounts and the company’s poor financial state; the Consumer Financial Protection Bureau also...

With a partial government shutdown on the line, Congress and the White House aim to work out kinks in the spending bill before the continuing resolution expires April 29. Weighing critical negotiations surrounding the Mexican border wall, military funding and Cost-Sharing Reduction payments, Height...

Despite the recent drama in Washington over President Donald Trump withholding critical cost-sharing reduction payments from insurance companies, Height Securities remains optimistic that there will be no major disruptions in the healthcare market. According to Andrew Parmentier, the QSR payment...

Ocwen Financial Corp (NYSE: OCN) shares are down another 4.0 percent in early Friday trading after plummeting more than 50 percent on Thursday. More than 20 states issued cease-and-desist orders against the company related to alleged mismanagement of escrow accounts and the company’s poor...