Shares of Fannie, Freddie soar as Wall Street bets on GSE privatization

Shares of Fannie, Freddie soar as Wall Street bets on GSE privatization
There’s been lots of noise lately that the end of Fannie Mae and Freddie Mac’s conservatorship is looming, and the speculation is causing the GSEs’ stocks to soar. The Wall Street Journal reports that common shares of Fannie and Freddie are up 170% as news hit that FHFA Acting Director Joseph Otting reportedly said he was weeks away from making an announcement.
Source: https://www.housingwire.com/rss