FNMA, FMCC Are Soaring Today: What's Happening? - Federal Home Loan (OTC:FMCC), Federal National Mortgage

Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the next day

Fannie Mae and Freddie Mac, the two government sponsored businesses designed to prop up mortgages, ripped on Monday after billionaire investor Bill Ackman told investors in a late Sunday X post to stop worrying about the war in Iran and start buying. “Some of the highest quality businesses in the world are trading at extremely cheap prices,” Ackman wrote. “Ignore the MSM. One of the most one-sided wars in history that will end well for the U.S. …

FNMA, FMCC Are Soaring Today: What's Happening? - Federal Home Loan (OTC:FMCC), Federal National Mortgage

Fannie Mae and Freddie Mac shares are surging Monday after Bill Ackman and Michael Burry called them among the market's most mispriced bets.

Fannie and Freddie stock prices are soaring today, but still down for the year. Here's why

Even after Monday’s surge, both stocks remain sharply lower year-to-date, raising questions about the rally.

Fannie, Freddie ‘Stupidly Cheap’ Ackman Says, Stocks Up Over 30%

Shares of Fannie Mae and Freddie Mac pared a months-long slide after Bill Ackman, who has bet heavily on the companies, called the mortgage-finance giants “stupidly cheap.”

Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac

"Fannie and Freddie are stupidly cheap...They could be a 10X and it could happen soon,” he said. Continue Reading Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac The post Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac appeared first on Weekly Real Estate News.

Bill Ackman says Fannie, Freddie ‘cheap,’ sees 10x upside despite Middle East tensions

Billionaire hedge fund manager Bill Ackman has reignited debate around U.S. mortgage giants Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac, which have been under U.S. government conservatorship since the 2008 financial crisis, have been in major decline recently. This contributes to what Ackman views as a significant mispricing. He believes the two entities offer “asymmetric upside,” with potential gains far outweighing the risks at curr…