Reported about 21 hours ago
Investors anticipate that a second Trump administration may lead to the privatization of mortgage giants Freddie Mac and Fannie Mae, a move that could finally resolve one of Wall Street's oldest financial disputes. Following Donald Trump's election win, share prices for both companies soared, and prominent investors are betting on a return to private control. This privatization is complicated by both potential benefits, such as reducing taxpayer debt, and risks to housing credit access, which hinges on these entities.
Source: YAHOO