Friday, August 28, 2015

Bove: Is a Fannie, Freddie settlement near?

White House lawyers recently asked a federal court to grant them access to documents in the case between Fairholme Funds and the United States over Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). I think the unusual request suggests that the White House may be moving closer to a negotiated settlement in the multiple Fannie Mae lawsuits which will benefit shareholders in this company, ......(read more)
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