Replies to post #2970 on Fannie Mae-No Politics (FNMA)

[El Mago]

The Fed is expected to start buying GSE debt on Friday

[El Mago]

Government mortgage giant Freddie Mac said it may undertake a reverse stock split, subject to the approval of the U.S. Treasury Department, to bring its share price above the New York Stock Exchange's minimum threshold for continued listing

[Captskip]

Cha-Ching$$$$$$$ Re:
"FRE and FNM HUGE NEWS OUT !!!! .....The Fed is expected to start buying GSE debt on Friday, part of an $800 billion plan to buy mortgage-backed securities, asset-backed securities and other debt spurned by investors during the credit crunch. See full story."

http://www.marketwatch.com/news/story/treasurys-gain-focus-returns-fed/story.aspx?guid=%7B8A6D0473%2D22B3%2D4201%2D8703%2DB003F2553C4D%7D&siteid=yhoof