Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) are attracting interest from investor groups, as they even offer to buy core pieces of the mortgage giants. Dina ElBoghdady and Danielle Douglas of the Washington Post point out that recent moves from the investor groups complicate legislative efforts to shut down the two mortgage giants. Increased investor interest Earlier this month, Fairholme had announced its intention to acquire the insurance businesses of these two Government Sponsored Enterprises (GSEs) – Freddie Mac and Fannie Mae – through exchange of equities worth $52 billion. Fairholme…
Investor Groups Scoop Shares of Fannie Mae, Freddie Mac
Mani
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