Fannie Mae-No Politics (FNMA): Fannie Mae (FNMA) and Freddie Mac (FMCC)...

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jacklanvo99

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Wednesday, 11/30/2016 12:37:59 PM

Wednesday, November 30, 2016 12:37:59 PM

Fannie Mae (FNMA) and Freddie Mac (FMCC) Investors Are Watching Latest Developments Closely

New Treasury Secretary and Commerce Secretary
Steven Mnuchin is appointed as the next treasury secretary; he was the finance chairman during Trump’s campaign. Mr. Mnuchin is known for purchase of mortgage lender IndyMac during 2009 as a private investor. He is also one of the ex-employee of Goldman Sachs. Billionaire investor Wilbur Ross will be joining the cabinet as Commerce Secretary. Mr. Mnuchin also stated that Fannie Mae (FNMA) and Freddie Mac (FMCC) need to get out of government ownership. The shares are trading up in pre-market by 8%.

FNMA FMCC

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http://investcorrectly.com/20161130/fannie-mae-fnma-and-freddie-mac-fmcc/

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