UPDATE 3-Fannie Mae, Freddie Mac shares tumble as Treasury overhaul plan disappoints
05 Sep UPDATE 3-Fannie Mae, Freddie Mac shares tumble as Treasury overhaul plan disappoints
Posted at 21:04h
in
News
by KMFSLLP
Shares of Fannie Mae and Freddie Mac
slumped on Friday amid disappointment over a long-awaited U.S.
Treasury Department plan to begin recapitalizing the mortgage
giants and return them to private control after their bailout
during the 2008 financial crisis.
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