Fannie Mae

Bill Ackman: Fannie Mae and Freddie Mac Offer “Most Upside”

Activist investor Bill Ackman of Pershing Square Capital Management said his best investments right now are Fannie Mae/ Federal Mortgage Association (OTCBB: FNMA) and Freddie Mac/ Federal Home Loan Mortgage Corp (OTCBB: FMCC). According to...

Bank of America Corp (BAC) Settles Mortgage Bond Dispute For $9.3 B

Bank of America Corp (NYSE:BAC) will pay $9.3 billion in settlement of the claims over selling Fannie Mae and Freddie Mac faulty mortgage bonds. The settlement will put an end to one of the...

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