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Stock Market & Financial Investment News

News Breaks
August 15, 2014
07:44 EDTFMCC, FNMAAckman sues government over Fannie, Freddie, Reuters reports
Bill Ackman's hedge fund, Pershing Square Capital Management, has filed a complaint with the U.S. Court of Federal Claims in Washington alleging that the government's funneling of Fannie Mae's (FNMA) and Freddie Mac's (FMCC) profit to the Treasury has been illegal and has made the companies' common shareholders "'shareholders' in name only," reported Reuters. Reference Link
News For FNMA;FMCC From The Last 14 Days
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March 3, 2015
09:55 EDTFMCCFreddie Mac announces successful sale of 1,975 non-performing loans
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06:52 EDTFMCC, FNMAFHFA announces new rules for sales of Freddie Mac, Fannie Mae loans
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February 24, 2015
07:12 EDTFMCC, FNMAWells Fargo to hold a conference
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February 20, 2015
07:33 EDTFNMAFannie Mae reports Q4 net income $1.3B vs. $3.9B last quarter
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February 19, 2015
08:19 EDTFMCCFreddie Mac reports Q4 net income $200M vs. $2.1B last quarter
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