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Federal National Mortgage Association (FNMA)
- Motley Fool
Why Fannie Mae and Freddie Mac Soared Today
The federally controlled mortgage giants got a boost from improving homebuilder sentiment – albeit off a low base.
- Reuters
U.S. Supreme Court rejects investor suits over Fannie Mae, Freddie Mac
(Reuters) -The U.S. Supreme Court on Monday declined to again hear a multi-billion dollar case pursued by shareholders of Fannie Mae and Freddie Mac arising from the federal government's takeover of the mortgage finance firms during the 2008 financial crisis. The justices turned away an appeal by the investors of a lower court's ruling against their challenge to a 2012 agreement that resulted in hundreds of billions of dollars being redirected from Fannie Mae and Freddie Mac to the U.S. Treasury. The shareholders had argued that this arrangement unlawfully deprived them of dividends without compensation.
- Motley Fool
Will the Fed Start Cutting Interest Rates In 2023? It's Possible
Many investors would love to see the Fed cut interest rates next year and create a better risk-on environment.
