FNMA, FMCC Head For September Slump As Analyst Cuts Targets On Privatization Doubts: Retail’s Losing Faith Too

Fannie Mae (FNMA) shares are down more than 23% in September, on track for their worst month this year, while Freddie Mac (FMCC) shares have fallen more than 25% over the same period, their worst decline since January.Late on Sunday, Keefe, Bruyette & Woods cut its price target on Fannie Mae by 44…