Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Fannie Mae, Freddie Mac Get New Tickers to Complete Delisting

Fannie Mae and Freddie Mac, the mortgage companies 80 percent owned by U.S. taxpayers, will begin trading under new ticker symbols tomorrow as they complete their delisting from major U.S. exchanges.

Fannie Mae’s common and preferred stock will trade on the OTC Bulletin Board under FNMA, the Washington-based company said today in a news release. In a separate statement, McLean, Virginia-based Freddie Mac said it will trade as FMCC on the bulletin board and the Pink Sheet Electronic Quotation Service. Fannie Mae formerly traded as FNM, Freddie Mac as FRE.

The Federal Housing Finance Agency, the regulator that has overseen the companies since 2008, ordered them to delist last month after the New York Stock Exchange told Fannie Mae that its shares no longer met listing standards. The NYSE and the Chicago Stock Exchange will suspend trading of their shares before markets open tomorrow.

The government-sponsored firms, which own or guarantee more than half of the $11 trillion U.S. mortgage market, had been at risk of delisting since September 2008, when their share prices collapsed and they were placed under federal conservatorship.

Companies are subject to delisting by the NYSE when their share prices fall below $1 for 30 consecutive trading days.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.