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Why Fannie, Freddie Preferred Share Holders Are Not Out Of The Woods Yet

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Michelle deBoer-Jones
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Both junior preferred and common shares of Fannie Mae and Freddie Mac tumbled on Friday after the Treasury Department released its proposals for getting both GSEs out of conservatorship. However, everything changed on Monday as investors cheered the court's ruling against the U.S. government and in favor of the plaintiffs in a key court case involving the GSEs.

Q2 hedge fund letters, conference, scoops etc

net worth sweep Fannie Mae Freddie Mac
By User:AgnosticPreachersKid (Own work) [CC BY-SA 3.0], via Wikimedia Commons

Court sides with plaintiffs

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.