Speculators in Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA)’s and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC)’s common stock are gearing up again on hopes a lawsuit will fare better in appellate court or other suits will gain traction. Both Perry Capital and Fairholme gave indications of pursuing with their suit. Fannie Mae, Freddie Mac: Court’s dismissal of two suits As reported on Tuesday, a judge in the U.S. District Court for the District of Columbia dismissed claims brought against the federal government and U.S. officials by Perry Capital LLC and Bruce Berkowitz’s Fairholme Funds Inc. They filed a…
Fannie Mae, Freddie Mac Investors Hope For Favorable Verdict
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports