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FHFA Directs Delisting of Fannie, Freddie Stock From NYSE

The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to delist their common and preferred stock from the New York Stock Exchange and any other national securities exchange.

When completed, Fannie’s and Freddie’s common and preferred stock is expected to be quoted on the Over–the-Counter Bulletin Board, the agency said in an e-mailed statement.