search
Freddie Mac
Trends
- 1Fannie Mae and Freddie Mac slide as privatization doubts grow●FNMA, FMCC Head For September Slump As Analyst Cuts Targets On Privatization Doubts: Retail’s Losing Faith Too
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) are heading for a slump in September after an analyst cut price targets on the mortgage giants, citing growing doubts that their privatization will move forward. Retail investors, long among the stocks' most vocal backers, are also losing faith, adding to pressure on the two government-sponsored enterprises.