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In wake of the US government takeover of embattled mortgage finance companies Fannie Mae and Freddie Mac, which destroyed most of the value of the companies’ common stock, the two could eventually be delisted from the New york stock exchange (NYSE) and be traded on so-called pink sheets.

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Freddie Mac [stock FRE][/stock] said Friday morning in a filing with the Securities and Exchange Commission that the company was notified by the New York Stock Exchange that it had failed to.

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 · Similarly, Fannie Mae also notified the NYSE of its intent to delist its common and preferred stocks. Even without the FHFA’s intervention, Fannie’s delisting was a.

Freddie Mac plans formally to initiate the delisting process with the Luxembourg and Irish Stock Exchanges by the first quarter of 2017. Completion of the process will be subject to action by these exchanges. The company said that clearing and settlement of the relevant securities will not be affected by the delisting.

March 23, 2017 07:30 ET | Source: Mad Catz Interactive. s common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE MKT’s determination. The Company.

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Freddie Mac to delist shares from NYSE. According to a press release by FHFA, the agency issued similar directives to both Freddie Mac and fannie mae fnm, +1.54% Freddie said it expects its shares to trade in the over-the-counter bulletin board market after the delisting. The delisting should occur around July 8, the firm said.

The federal housing finance agency announced that it is directing both FNM and Freddie Mac to delist their shares from the NYSE and any other national exchange. Continue reading Fannie Mae and Freddie Mac to Be Delisted. Fannie Mae and Freddie Mac to Be.

Fannie Mae and Freddie Mac shares were halted as regulators announced that both companies are being asked to delist from the NYSE and any other national securities exchange. The Federal Housing.

Note, this answer does not include any proprietary information. While I work at Fannie Mae, all of this information is in the public domain. Fannie Mae (FNMA) and Freddie Mac (FMCC) are Government Sponsored Enterprises (GSEs) that trade on public.