Shares of Fannie Mae and Freddie Mac fell Monday after Keefe, Bruyette & Woods analysts downgraded the stocks to Underperform. Here's a look at the latest developments for the mortgage giants:
Shares slip after a run-up that followed December disclosure of Pershing Square chief’s plan to end government conservatorship of mortgage insurers.
Wall Street has a pitch for Donald Trump: Cement your place in history as the “Art of the Deal” president with your biggest deal ever.
Ackman recently took activist investing to an even higher level. He wants -- and expects -- President-elect Donald Trump to make two stocks in his Pershing Square Capital Management portfolio big winners. Both stocks have already delivered gains of more than 6x in the last 12 months.
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),
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.
Freddie Mac's (FMCC) total mortgage portfolio rose at an annualized rate of 4.8% to $3.58T in December, it disclosed on Monday, accelerating from November's 2.4% increase.
We recently compiled a list of the 12 Best REIT Stocks to Buy Now. In this article, we are going to take a look at where American Tower Corporation (NYSE:AMT) stands against the other best REIT
D onald Trump has officially been sworn (back) into office, and Wall Street is optimistic about his potential impact. Regardless of political preferences, all Americans must now c
CHLA Report highlights the vital role of IMBs in driving mortgage access and advocates policies to support underserved borrowers.
The fates of government-backed mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) are still to be determined, with new Treasury Secretary Scott Bessent saying no conservatorship should be indefinite but also not providing any privatization plan during his confirmation hearing.
Neeraj Singh joins the Buffalo, New York-based bank after a four-year stint at USAA, which has seen an exodus of top executives. The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.