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FNMA Fannie Mae (QB)

1.49
0.01 (0.68%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Fannie Mae (QB) USOTC:FNMA OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 0.68% 1.49 1.48 1.49 1.51 1.47 1.51 1,949,437 20:59:20

Fannie Mae Ex-Executives Settle SEC Charges

21/09/2015 11:50pm

Dow Jones News


Fannie Mae (QB) (USOTC:FNMA)
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WASHINGTON—Two former Fannie Mae executives accused by regulators of hiding hundreds of millions of dollars from investors settled their case Monday for a total of $35,000.

The Securities and Exchange Commission filed charges against the housing finance company's former chief risk officer and the head of its single-family lending unit in 2011, in one of its most high profile cases stemming from the financial crisis.

The SEC agreed to end a similar case against three former executives of Freddie Mac in April for a total of $310,000.

 

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(END) Dow Jones Newswires

September 21, 2015 18:35 ET (22:35 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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