Reported 2 days ago
Shares of Fannie Mae and Freddie Mac reached multi-year highs as federal agencies announced plans for their gradual exit from government conservatorship. Following amendments to their agreements with the U.S. Treasury and the Federal Housing Finance Agency, the mortgage giants may soon see an end to their control dating back to the 2008 financial crisis, potentially leading to privatization under the incoming Trump administration.
Source: YAHOO