Shares of Fannie Mae and Freddie Mac fell Monday after Keefe, Bruyette & Woods analysts downgraded the stocks to Underperform ...
President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is ...
Bill Ackman built a net worth of $9.3 billion by spotting promising opportunities. The hedge fund manager doesn't usually reveal the opportunities he likes to the public. However, he recently made an ...
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.
Keefe Bruyette downgraded Freddie Mac (FMCC) to Underperform from Market Perform with a price target of $4.50, up from $4. The firm sees ...
Freddie Mac’s benchmark national average 30-year, fixed-rate mortgage is nearing 7% once again, a far cry from when it looked like it was heading below 6% back in the early fall.
Pershing Square’s Bill Ackman provided a 103-page slide show on Thursday to illustrate his proposal for the U.S. government to end its conservatorship of Fannie Mae and Freddie Mac. At first glance, ...
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
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U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal ...
Existing home sales climbed 2.2% in December to a seasonally adjusted annual rate of 4.24 million, according to the National ...