Freddie Mac, Fannie Mae Stocks Soar
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Fannie Mae and Freddie Mac, currently under the supervision of the Federal Housing Finance Agency (FHFA), play a crucial role in the U.S. mortgage market. The two firms, which buy mortgages from lenders and repackage them for investors, guarantee about 70 ...
The 30-year fixed-rate mortgage rate is now projected to end 2025 at 6.1% and decline further to 5.8% by the end of 2026.
Fannie Mae has revised its projections upward for home sales this year, and now expects an additional 60,000 homes will be sold nationally — and 2026, meanwhile, could be markedly better.
President Donald Trump announced on Wednesday that he plans to decide soon whether or not to privatize Fannie Mae and Freddie Mac and make them public companies. […]
Fannie Mae and Freddie Mac have surged on Trump privatization hopes, but common shares may now be overvalued, especially Fannie Mae. Click here to read more.
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Deckers Outdoor (DECK) gave a lower-than-expected outlook for the current quarter, sending shares lower 13%. Ross Stores (ROSS) shares fell 11% afterhours following the
Snowflake posts better-than-expected earnings and issues guidance ahead of analysts’ estimates, while clean-energy stocks such as Sunrun fall sharply after the House passes Donald Trump’s tax-and-spending bill.
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