FNMA/FMCC POISED TO BREAK OUT-END OF NWS

in #fnma • 5 years ago

Fannie, Freddie poised to pause Treasury sweeps soon - WSJ
Sep. 23, 2019 8:39 AM ET|About: Federal National Mortgage A... (FNMA)|By: Liz Kiesche, SA News Editor

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are expected to start keeping their earnings as early as this week, putting on hold the arrangement in which the two mortgage-finance giants handed over most of their profits to the Treasury Department since the government put them in conservatorship during the financial crisis, writes the Wall Street Journal.

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