Friday, January 31, 2014

10 Largest US Mortgage Investment Companies Average Stock Prices Down 75% Due to Financial Meltdown Spillover Effects, Then Up 733% Under Obama and the US Fed

I found 10 US Mortgage Investment Companies classified in the Financial Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each and which also had their common stocks trading on each of the following three dates: (1) on December 31, 2007, or first trading shortly thereafter, during President Bush's second term (2) on March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and also (3) on January 30, 2014.
   
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 10 US Mortgage Investment Companies had their average stock prices drop by a massive 75% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 10 US Mortgage Investment Companies have increased by a spectacular 733% through January 30, 2014.  Six of the ten had stock price increases above 700%.
  
Clearly, the investors in and employees of these 10 US Mortgage Investment Companies must be extremely pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.

Below here are the market prices of each of these 10 US Mortgage Investment Companies on January 30, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 30, 2014:






Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to
Mortgage Investment Companies HQs
 1-30-14   3-6-09   12-31-07  1-30-14 3-6-09








KKR Financial Holdings San Francisco CA      12.38        0.48      14.05 2479% -97%
Arlington Asset Investment Corp Arlington VA      26.39        2.60      62.80 915% -96%
Marlin Business Services Corp Mount Laurel NJ      26.15        2.92      12.06 796% -76%
Fannie Mae Washington DC        3.11        0.36      39.98 764% -99%
Freddie Mac McLean VA        3.00        0.36      34.07 733% -99%
Tree.Com Charlotte NC      32.40        3.97        7.32 716% -46%
Walter Investment Management Tampa FL      31.18        6.50      19.00 380% -66%
Hercules Technology Growth Capital Palo Alto CA      16.11        3.62      12.42 345% -71%
BRT Realty Trust Great Neck NY        7.41        2.59      12.64 187% -80%
America First Multifamily Investors LP Omaha NE        5.87        5.03        6.44 17% -22%








Average % Change all 10




733% -75%