Monday 28 January 2019

Here’s why shares of Fannie and Freddie are up 170%

The government’s indication that it may privatize Fannie Mae and Freddie Mac has sparked a surge in shares and profits for investors in the two mortgage giants. Lawmakers have been trying and failing to overhaul the government-sponsored entities for more than 10 years since the financial crisis. But Trump administration officials have made recent statements indicating they plan to take the companies out of conservatorship soon, sending common shares of the companies up by more […]



source https://therealdeal.com/2019/01/28/heres-why-shares-of-fannie-and-freddie-are-up-170/

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