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Wednesday, 04/26/2017 10:20:32 AM

Wednesday, April 26, 2017 10:20:32 AM

Post# of 796633
REUTERS TOP NEWS Fannie, Freddie stocks open higher after Mnuchin's remarks
WED.Apr 26th 2017

Shares of Fannie Mae and Freddie Mac opened higher on Wednesday, reaching their highest levels in more than a month after U.S. Treasury Secretary Steve Mnuchin said the Trump administration will take up reform of the two mortgage finance agencies in the latter half of 2017.

Fannie Mae's stock price was up over 3 percent at $2.94 a share, while Freddie Mac shares were 3 percent higher at $2.77. (Reporting by Richard Leong; Editing by Chizu Nomiyama)

http://mobile.reuters.com/article/idUSL1N1HY0PY
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