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 (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...