Home buyers are expected to see more for-sale listings and lower mortgage rates in 2025.
Fannie Mae and Freddie Mac know increasing floods and wildfires are a problem. Dealing with them, however, would require trade-offs.
CNBC's Diana Olick joins 'Power Lunch' with the latest on the incoming administration's plans for housing.
The conforming loan limit (CLL) for mortgages backed by Freddie Mac and Fannie Mae will rise by 5.2% next year to over $800,000, the Federal Housing Finance Agency announced Tuesday.
Ackman and his fund Pershing Square Capital Management hold two over-the-counter stocks that have strongly benefited from Trump's win.
Investors are betting that the president-elect will push to remove the companies, from their Federal Housing Finance Administration conservatorship.
Freddie Mac is a GSE that provides mortgage financing to the American real estate market. FMCC shares surged 39% after Trump's re-election, as investors bet on a potential privatization of the company. With the company hugely profitable, Freddie Mac's equity could be very valuable, hence the interest in a privatization plan.
Investors are positioning their portfolios for the political regime to come.
Bill Ackman is making a bold bet on these two under-the-radar stocks.
Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U.S. government control of the mortgage-finance firms Fannie Mae and Freddie Mac if he wins the election, the Wall Street Journal reported on Thursday.
Donald Trump's allies want once again to try to untie the Gordian knot of the mortgage market: what to do with Fannie Mae and Freddie Mac.
Fannie Mae and Freddie Mac have been trapped in conservatorship since 2008, with the government aggressively manipulating asset values to justify seizing control early in conservatorship. The Trump administration began recapitalization efforts, and under Biden, earnings have continued to accumulate, positioning the GSEs for a potential exit from conservatorship. Moelis' 2024 update suggests a new administration could quickly restructure Fannie and Freddie, with junior preferred shareholders likely to be made whole.