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Fannie Mae and Freddie Mac ordered to delist from NYSE

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Posted on June 16 2010 12:03 pm
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Government-sponsored mortgage purchasers Fannie Mae and Freddie Mac plan to delist their shares from the New York Stock Exchange.

The companies’ regulator, the Federal Housing Finance Agency, says Wednesday that it expects Fannie Mae and Freddie Mac shares to trade on the Over-the-Counter Bulletin Board, an electronic quotation service.

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