President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is keeping a close eye on one in particular: the privatization of mortgage companies Fannie Mae (FNMA) and Freddie Mac (FMCC),
Wall Street is keeping a close eye on one in particular: the privatization of mortgage companies Fannie Mae (FNMA) and Freddie Mac (FMCC), which has been under government conservatorship since the ...
Shares slip after a run-up that followed December disclosure of Pershing Square chief’s plan to end government conservatorship of mortgage insurers.
Cement your place in history as the “Art of the Deal” president with your biggest deal ever. Hedge fund managers like Bill Ackman have built huge stakes in Fannie Mae and Freddie Mac betting the government-sponsored entities will be privatized by the president-elect at some point in his second term.
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency (FHFA).
An analysis of Bill Ackman's presentation on Fannie Mae and Freddie Mac, cautioning investors on volatility and long-term risks. Read what investors need to know.
What’s better than monthly dividends that add up to 7.2% to 15.4% yearly yields? Cheap monthlies thanks to a high level of fear amongst vanilla investors.
U.S. existing-home sales fell in 2024 to the lowest level in 30 years, as high mortgage rates and low housing inventory weighed on home-buying activity.
Readers weigh in on the logic of tariffs, the effort to privatize Fannie Mae and Freddie Mac, and trying to legitimize cryptocurrencies
US existing-home sales fell in 2024 to the lowest level since 1995 the second straight year of anemic sales due to stubbornly high mortgage rates
Boeing quarterly results were so bad, the company decided to give investors a heads-up. The saving grace is that everyone already knew how bad the fourth quarter turned out to be. Typically it happens when numbers are very different from company guidance or what Wall Street expected.