Why Fannie, Freddie Preferred Share Holders Are Not Out Of The Woods YetMichelle Jones
Both junior preferred and common shares of Fannie Mae and Freddie Mac tumbled on Friday after the Treasury Department released its proposals for getting both GSEs out of conservatorship. However, everything changed on Monday as investors cheered the court's ruling against the U.S. government and in favor of the plaintiffs in a key court case involving the GSEs.
Court sides with plaintiffs
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