Keefe Bruyette downgraded Freddie Mac (FMCC) to Underperform from Market Perform with a price target of $4.50, up from $4. The firm sees
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),
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 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 ...
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.
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
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.
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).
The real costs of owning a house in neighborhoods that are vulnerable to flooding and wildfires are becoming clearer.
MasterCraft's fiscal Q1 results exceeded expectations, with dealer visibility starting to improve. Read why I remain at a Buy rating for MCFT stock.
Readers weigh in on the logic of tariffs, the effort to privatize Fannie Mae and Freddie Mac, and trying to legitimize cryptocurrencies
U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to stubbornly high mortgage rates.