Fannie and Freddie Shares Plunge on Supreme Court Ruling

The Supreme Court ruled that the government is not required to share profits from Fannie Mae and Freddie Mac, impacting hedge funds and investors. Fannie Mae and Freddie Mac have been under government conservatorship since 2008, paying dividends to the Treasury. Legal challenges by hedge funds were rejected, and the market reacted with significant stock declines.

What was the Supreme Court's decision regarding the government's requirement to share gains from Fannie Mae and Freddie Mac?

How have Fannie Mae and Freddie Mac been financially managed since 2008?

What is the significance of the Federal Housing Finance Agency (FHFA) in relation to Fannie Mae and Freddie Mac?

What were the two grounds on which hedge funds and other investors sued regarding the 2012 amendment?

What impact did the Supreme Court's decision have on the stock prices of Fannie Mae and Freddie Mac?