Donald Trump announced plans to take Fannie Mae public, retaining government guarantees. Fannie Mae launched an AI-powered fraud detection unit with Palantir to combat mortgage fraud.
Shares of Fannie Mae Inc. (OTC: FNMA) and Freddie Mac Inc. (OTC: FMCC) are trading higher Thursday after President Donald Trump said he is seriously considering taking the mortgage giants public.
Hedge fund titan Bill Ackman's Pershing Square Holdings, a closed-end fund listed on the London Stock Exchange is down 14% year-to-date, owing to tariff-related market volatility. The losses, however, have only been calculated through April 8th, and don't include the massive rally on Wednesday, as reported by Reuters.
A Trump ally laid out a plan detailing the process of transferring ownership of the firms to the proposed sovereign wealth fund, according to a report.
Director of the Federal Housing Finance Agency Bill Pulte on Thursday fired the CEO of mortgage giant Freddie Mac and placed two senior officials of the FHFA on administrative leave.
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The Nasdaq ended the week down 1.6%, with the S&P 500 losing 1% and the Dow gaining 0.3%, as markets attempted to recover from earlier losses.
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:
Stocks continued to slide after a hot jobs report sent bond yields higher, lowered expectations for future rate cuts, and keeps inflation and earnings in focus
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The Nasdaq and S&P 500 ended a five-day losing streak on Friday, but the week closed with the S&P down 0.48%, the Dow losing 0.60%, and the Nasdaq dropping 0.51%.
U.S. stock markets experienced a downturn today, with the S&P 500 declining by 1.07%. The NASDAQ also saw a decrease, falling by almost 1.2%. The Dow Jones Industrial Average declined almost 1%. Despite these indices in the red, certain stocks captured significant attention from investors.
