It could have widespread effects through the housing, banking, and bond markets. Hedge fund managers like Bill Ackman have built huge stakes in the government-sponsored entities.
Shares slip after a run-up that followed December disclosure of Pershing Square chief’s plan to end government conservatorship of mortgage insurers.
Freddie Mac has hired Craig Phillips, a former Treasury Department official under the first Trump administration, as executive vice president of corporate strategy and external affairs.
Craig Phillips worked on early efforts to move the government-sponsored enterprises toward a conservatorship exit during the first Trump administration.
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).
Investors have struggled to navigate the election, underlining the difficulty Wall Street so often has with politics.
Federal National Mortgage Association (OTC: FNMA) (commonly known as Fannie Mae) and Federal Home Loan Mortgage Corporation (OTC: FMCC) (commonly known as Freddie ... Wall Street has a pitch ...
Investors have struggled to navigate the election, underlining the difficulty Wall Street so often has ... (commonly known as Freddie Mac) are government-sponsored enterprises (GSEs).
Expanded opportunity zones and a reduction in regulation could boost the sector, but tariffs and mass deportations could bite.
Investors are keeping a close eye on the markets as major companies make headlines. Here’s a detailed look at the latest developments for Taiwan Semiconductor Manufacturing Co. (TSM), UnitedHealth Group (UNH),
But Wall Street has an idea by just how much. The stock market is pricing portfolios of American homes at a hefty discount to what houses are changing hands for in the open market. Shares of single-family landlords Invitation Homes and American Homes 4 Rent are trading at 35% and 20% discounts to their net asset values,