Fannie Mae and Freddie Mac Investors Could Finally Get Some Good News From the Government
Fannie Mae and Freddie Mac Investors Could Finally Get Some Good News From the Government By Matthew Frankel | More Articles January 7, 2015 | Comments (4) Fannie Mae 's ( NASDAQOTCBB: FNMA ) president and CEO recently asserted confidence in the sustainability of the agency, as well as that of fellow government-sponsored enterprise Freddie Mac ( NASDAQOTCBB: FMCC ) . While these comments were warmly received by shareholders, another news event has a real opportunity to boost Fannie and Freddie's stock. Source: www.futureatlas.com via flickr . President Barack Obama is scheduled to speak about the housing market on Thursday, and what he says (or doesn't say) could move both agencies' shares . Fannie and Freddie shareholders face a double threat Over the past couple years, owners of both Fannie and Freddie common and preferred share...