Fannie Mae and Freddie Mac could go private, Bill Ackman says

Mon, Dec 30, 2024, 2:15 PM

Fannie Mae (FNMA) and Freddie Mac (FMCC) — the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation, respectively — are trading higher after billionaire activist investor Bill Ackman said the companies could go private around 2026, exiting government conservatorship which the mortgage companies have been under since the 2008 housing crisis.

Julie Hyman outlines what investors need to know on Market Domination.

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This post was written by Naomi Buchanan.