The regulator for Fannie Mae (OTCQB:FNMA +3.2%) and Freddie Mac (OTCQB:FMCC +1.2%) cuts the estimated amount of Treasury injections needed by the government-seized mortgage giants. The FHFA now sees cumulative draws of $220B-$311B by the end of 2014, down from $221B-$363B. The two firms already have drawn $169B from Treasury.
The regulator for Fannie Mae (OTCQB:FNMA +3.2%) and Freddie Mac (OTCQB:FMCC +1.2%) cuts the...
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Symbol | Last Price | % Chg |
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FNMA | - | - |
Federal National Mortgage Association |