Hedge fund executive Bill Ackman called on investors to reacquaint themselves with Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC), which resulted in a surge of stock activity for the government-sponsored enterprises (GSEs). In a series of posts on X on Sunday,...
The Trump administration’s planned initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will not occur this year, according to Michael Burry, the investor and hedge fund manager who gained prominence from the book and film “The Big...
Better Home & Finance Holding Company (NASDAQ: BETR), and Coinbase (NASDAQ: COIN) have partnered on the introduction of cryptocurrency-backed mortgages that will be backed by Fannie Mae (OTCQB: FNMA). The new mortgages will be originated and serviced by Better,...
Better Home & Finance Holding Company (NASDAQ: BETR) announced that Hugh Frater, a founding partner and former managing director of BlackRock (NYSE: BLK) and former CEO of Fannie Mae (OTCQB: FNMA), has been appointed to its board of directors. Prior to leading...
The Federal Housing Finance Agency (FHFA) has issued an announcement claiming that “American homebuyers are about to get a break” thanks to updates to home insurance rules that are designed to “fix expensive, stupid Biden-era requirements with simple, common-sense...