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Stock Market & Financial Investment News

News Breaks
June 25, 2014
07:16 EDTFNMA, FMCCFannie, Freddie encouraged to sue regarding over-costly insurance, Reuters says
A report from the Federal Housing Finance Agency said that a U.S. housing regulator should consider directing government-controlled mortgage finance groups Fannie Mae (FNMA) and Freddie Mac (FMCC) to sue firms that sold them high-priced insurance, according to Reuters, citing the report. The report said that pricey insurance might have cost the companies close to $158M in 2012 alone. 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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