Fannie Mae (FNMA), Freddie Mac (FMCC) Decline 20%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Odeon's Bove Suspends Ratings on Fannie Mae (FNMA), Freddie Mac (FMCC) Amid Review of Supreme Court Decision
June 23, 2021 11:39 AM EDTOdeon Capital analyst Dick Bove suspends ratings on Freddie Mac (OTC: FMCC) and Fannie Mae (OTC: FNMA) until he can further review the Supreme Court decision on the Collins vs Yellen case.
Bove said... More
Biden ousts housing finance chief after U.S. Supreme Court ruling
June 23, 2021 10:26 AM EDTBy Lawrence Hurley
WASHINGTON (Reuters) - President Joe Biden on Wednesday fired the head of the Federal Housing Finance Agency who had been appointed by his predecessor Donald Trump, acting hours after the U.S. Supreme Court expanded presidential powers to make it easier to oust the agency chief.
The court also nixed separate claims brought by shareholders of Fannie Mae and Freddie Mac - both overseen by the FHFA - challenging a 2012 agreement between the agency and the Treasury Department arising from the government's rescue of the mortgage finance firms following the 2008 financial crisis.
... MoreU.S. Supreme Court bolsters presidential power over housing finance agency
June 23, 2021 10:26 AM EDTWASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday made it easier for President Joe Biden to remove the head of the federal housing finance agency while also nixing separate claims brought by shareholders of... More
