Reported 1 day ago
Fannie Mae and Freddie Mac's over-the-counter shares surged after President Trump announced plans to take the two housing giants public while maintaining government guarantees. The move aims to end their conservatorship, which has lasted since the 2008 financial crisis. Trump's statement sent Fannie's shares up by 9.3% and Freddie's by 13.4%, marking significant gains as the firms continue to recover.
Source: YAHOO