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.
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.
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),
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.
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 ...
Any capital markets person will tell you, “What’s a surefire way to double your money in a casino? Fold it in half and put it back in your pocket.” I am in Las Vegas for First Colony’s Loan Officer Retreat,
Mortgage rates remained largely flat this week amid affordability hurdles among homebuyers, showed the latest Freddie Mac Primary Mortgage Survey.
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 stocks to buy now.
When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five months, according to data from the National Association of Realtors.
AGNC Investment (AGNC – Research Report), the Real Estate sector company, was revisited by a Wall Street analyst yesterday. Analyst Donald