Archive for fannie mae takeover
You are browsing the archives of fannie mae takeover.
You are browsing the archives of fannie mae takeover.
HONG KONG (Reuters) - The U.S. government is considering taking over Fannie Mae and Freddie Mac if their funding problems worsen, the New York Times said on Friday, causing shares of the mortgage finance companies to plunge.
Shares of Fannie fell 27 percent to $9.66 in pre-market trading, while shares of Freddie fell 35 percent to [...]