Quantcast
Miscellaneous

Fannie Mae, Freddie Mac Raise new Capital

DEC 6, 2007 9:28pm ET

WASHINGTON – Secondary mortgage market giant Fannie Mae priced $7 billion in new preferred shares yesterday, part of an effort to shore up its flagging finances due to the ongoing mortgage crisis.

To continue, please sign in or subscribe
Free 14-Day
Trial
  • Online access to premium credit union content
  • Daily and weekly e-newsletters with top headlines
  • Learn why thousands of credit union professionals rely on Credit Union Journal
No credit card needed
Digital
Subscription
  • Access to our Credit Union Journal mobile app
  • Special reports providing the latest industry information
  • High-level perspective and insights on credit union strategies and tactics
Have an account?
SIGN IN HERE
Remember me