Fannie Mae, Freddie Mac stocks jump after cost-cut report

1 month ago 1

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Shares of Fannie Mae (OTCQB:FNMA) surged 7.3% and of Freddie Mac (OTCQB:FMCC) climbed 5.6% after the head of the Federal Housing Finance Agency was reported as saying he found "a couple hundred million dollars" of savings

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