- Reuters•9 hours ago
By a 2-1 vote, the U.S. Circuit Court of Appeals for the District of Columbia said a lower court had correctly barred claims that the government overstepped its authority in 2012 by eliminating dividend payouts to various shareholders and requiring the companies to pay the U.S. Treasury an amount equal to their quarterly net worth. "For me, it looks like the end of the road," Ellis Phifer, senior market strategist at Raymond James in Memphis, Tennessee, said of the hedge funds' claim. The court said Fannie Mae and Freddie Mac investors could still pursue some damages claims, including for breach of contract.
- Barrons.com•9 hours ago
Both Fannie Mae (FNMA) and Freddie Mac (FMCC) were both down sharply on Tuesday, on the news that a federal appeals court had upheld a previous ruling that prevented shareholders from suing the government ...
- Motley Fool•12 hours ago
An appeals court throws out some investor claims, but allows others to proceed in the courts.
FNMA : Summary for FANNIE MAE - Yahoo Finance
Federal National Mortgage Association (FNMA)
Other OTC - Other OTC Delayed Price. Currency in USD
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|Day's Range||2.55 - 4.30|
|52 Week Range||1.26 - 5.00|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||129.05|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|