Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) shares surged to five-year high last week, despite uncertainties surrounding the proposed bipartisan bill, reports Bloomberg.
Kathleen M. Howley & Jody Shenn of Bloomberg feel the new bipartisan bill currently under preparation might push the company into liquidation and make the shares of the state-owned mortgage...
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations.He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications.His hobbies are tracking global financial developments and watching sports
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