7 Jan 2020 Prior to this projected capital raise, we expect the Treasury's senior preferred stock to be canceled and the junior preferred to be exchanged But, remember, the preferred stock of a company with bonds is junior to those bonds. Unless a preferred stock is convertible, the upside in a preferred stock 6 Sep 2019 Preferred shares of Fannie were down 7.9% Friday early afternoon and Freddie Mac preferred slid about 8.8%, on track for their biggest daily Revising the Preferred Stock Purchase Agreements of Fannie Mae and Freddie Mac May Be the Biggest GSE Bailout Yet. November 4, 2019 37 min read 23 Dec 2019 Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are Junior preferred stock currently trades at less than 50 cents on the dollar, Those shares have had their dividends suspended, and are junior to the senior preferred stock issued to the Treasury in the restructuring of the two companies. 14 Nov 2019 The change in stance by Fannie Mae and Freddie Mac's regulator over conservatorships is “very bad” for common shares of the companies,
6 Sep 2019 Preferred shares of Fannie were down 7.9% Friday early afternoon and Freddie Mac preferred slid about 8.8%, on track for their biggest daily
23 Sep 2019 Senior preferred shares would have to be considered paid and no longer exist. Plaintiffs also want payments on their junior preferred shares. other junior stock) of Fannie Mae. The Preferred Stock will rank equally, both as to dividends and upon liquidation, with all other currently outstanding series of 7 Jan 2020 Prior to this projected capital raise, we expect the Treasury's senior preferred stock to be canceled and the junior preferred to be exchanged But, remember, the preferred stock of a company with bonds is junior to those bonds. Unless a preferred stock is convertible, the upside in a preferred stock
Fannie Mae and Freddie Mac have been under U.S. government control for more than a decade now, but it’s finally sounding like that could end. One hedge fund which focuses on the financial services industry has been betting on a positive end to Fannie’s position as a government-sponsored enterprise (GSE), and the fund updated its thesis for Fannie Mae preferred stock in its fourth-quarter
Open $6.47; Day Range 6.20 - 6.70; 52 Week Range 5.50 - 13.35; Market Cap n/ a; Shares Outstanding n/a; Public Float n/a; Beta n/a; Rev. per Employee n/a 14 Jul 2019 A Washington analyst who's watched Fannie Mae and Freddie Mac from stock shares, and projects that holders of junior preferred shares will 23 Sep 2019 Senior preferred shares would have to be considered paid and no longer exist. Plaintiffs also want payments on their junior preferred shares. other junior stock) of Fannie Mae. The Preferred Stock will rank equally, both as to dividends and upon liquidation, with all other currently outstanding series of
