NEW YORK (Reuters) - Shares of Fannie Mae FNM and Freddie Mac FRE, the two largest providers of U.S. mortgage finance, rose after their regulator said on Tuesday that they should have adequate returns to raise capital. Shares of both Fannie and Freddie...
David Merkel submits: Ugh. I’m still not home yet, but after my recent 48-hour news blackout, the news on Fannie FNM and Freddie FRE is pretty amazing. Now, I would not be so certain that an interpretation of SFAS 140 would force Fannie or Freddie to raise capital —...
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Friday that his chief aim at present is to back government-sponsored mortgage finance companies Fannie Mae FNM and Freddie Mac FRE in their "current form," giving no sign a government bailout of...
