Fannie Mae

Fannie and Fred finally Delisting from the New York Stock Exchange

Fannie and Fred finally Delisting from the New York Stock Exchange

Freddie Mac and Fannie Mae, who are the giants in the mortgage financing, have been ordered by their federal watchdog to delist from the New York Stock Exchange. Although this is likely to change the attitude of the investors it is not likely to change the perception of the government that they are private companies. Fannie's stock off late has been less than the average 1 required by the New York Stock Exchange, according to the rationale provided for the directive passed by the Federal Housing Finance Agency.