Bill Pulte, Director of the Federal Housing Finance Agency, said on Fox Business that the government is looking to sell about 5% of Fannie Mae (FNMA) and Freddie Mac (FMCC). Pulte added Fannie and Freddie are worth $500B-$700B to the government.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FNMA:
