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PGZ - Wall Street votes for Freddie/Fannie single security: WSJ
Principal Real Estate Income Fund of Beneficial Interest
The proposed single mortgage-backed bond for Freddie Mac (OTCQB:FMCC) and Fannie Mae (OTCQB:FNMA) cleared its last hurdle when the Securities Industry and Financial Markets Association--Wall Street's largest trade group--voted for the new security, the Wall Street Journal reports.
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