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Stock Market & Financial Investment News

News Breaks
January 3, 2014
06:28 EDTFNMA, FMCCFannie, Freddie possibly too profitable to close, LA Times says
President Obama and some members of Congress want to shut down Fannie Mae (FNMA) and Freddie Mac (FMCC), but the companies may be too profitable to close since they are planning to send dividend checks to the Treasury worth a combined $39B, reported the Los Angeles Times. Reference Link
News For FNMA;FMCC From The Last 14 Days
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August 27, 2014
09:54 EDTFNMAFannie Mae strength attributed to circulation of job posting
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August 22, 2014
17:18 EDTFMCC, FNMAGoldman Sachs announces agreements with FHFA to repurchase $3.15B in RMBS
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August 20, 2014
09:03 EDTFMCC, FNMASpread of unrest beyond Ferguson would be positive for GSEs, says Rafferty
Rafferty Capital's Dick Bove indicates that he believes that if the unrest in Ferguson spreads, Congress would increase housing subsidies, benefiting the GSEs, Fannie Mae (FNMA) and Freddie Mac (FMCC).

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