Bove Sees Hope In Last Week’s Fannie Mae Settlement – ValueWalk Premium
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Bove Sees Hope In Last Week’s Fannie Mae Settlement

Shares of Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) had a small rally Monday morning following Friday’s surprise settlement with pre-2008 shareholders who had accused the agency of fraud for misrepresenting its finances. Even though this settlement explicitly relates to pre-conservatorship shareholders, Rafferty Capital Markets VP of equity research Richard . . .

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