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.

But Wall Street has an idea by just how much. The stock market is pricing portfolios of American homes at a hefty discount to what houses are changing hands for in the open market. Shares of single-family landlords Invitation Homes and American Homes 4 Rent are trading at 35% and 20% discounts to their net asset values,

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.

Freddie Mac has hired Craig Phillips, a former Treasury Department official under the first Trump administration, as executive vice president of corporate strategy and external affairs.

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).

It also surpassed its affordable housing goals with record 2024 volume.

Federal Home Loan Mortgage Corporation (Freddie Mac) may see big gains with privatization. Find out why FMCC stock could be a rewarding investment opportunity.

Craig Phillips worked on early efforts to move the government-sponsored enterprises toward a conservatorship exit during the first Trump administration.

Fannie Mae shares soar 227% as Bill Ackman bets on privatization, fueled by Trump-era policy shifts and Wall Street optimism.