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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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April 30, 2015
18:26 EDTFMCC, FNMAFannie, Freddie pursue sale of $1.18B MSR portfolios, HousingWire says
Two Fannie Mae (FNMA) and Freddie Mac (FMCC) mortgage servicing rights portfolios carrying $1.18B in loans have been put up for sale, reports HousingWire, citing MountainView Servicing Group. The report notes that bids are due May 4 and May 7. Reference Link

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