FHFA Directs Delisting of Fannie Mae and Freddie Mac (FNM, FRE)

FHFA directs delisting of Fannie Mae FNM and Freddie Mac FRE. Freddie Mac has notified the NYSE of its intention to delist by July 8th. Fannie Mae closed below a $1 yesterday and Freddie Mac closed just above $1.20.
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