Freddie Mac-No Politics (FMCC)

[Phisherman]

Fannie, Freddie Could Sell Assets
10/07 10:38 AM
As per media reports, Fannie Mae and Freddie Mac (FRE:$1.51,00$0.0900,6.34%) may sell some of their bad assets to the treasury department, but a final decision is pending. "They are financial institutions that could sell assets. Whether they will or not certainly the decision has not been made," said James Lockhart, director of the Federal Housing Finance Agency, as per the report. Fannie and Freddie were nationalized by the U.S. government in early September.