shares: Freddie Mac climbed 15 percent to 1.78, according to Bloomberg. Shares of some classes of Fannie Mae and Freddie Mac preferred shares were up more than 8 percent. Fannie Mae shares rose 13 percent to 1.87 at 10 33 a.m. The spikes were in sharp contrast to the S&P 500, which was flat. What less clear is what those changes will be, as Trump close association with some Fannie Mae and Freddie Mac shareholders could be put up against Congressional Republicans still dead-set on eliminating the companies. function global function ad Code dimensions id 1 0 2 1 10 strategy targeting targeting Modifiers ; ; window ; Fannie Mae and Freddie Mac don t make mortgages. The morning after Trump victory over Democrat Hillary Clinton, some analysts said the Republican election could open the door to changes to longstanding policies surrounding the companies, which back just under half of the mortgage market.
(news.financializer.com). As
reported in the news.
Tagged under shares, fannie mae topics.