FNMA surged 9% and FMCC 7% on Election Day, marking their fourth straight gain as Ackman publicly pushed for their conservatorship exit.
Ackman's Pershing Square owns more than 200 million combined shares and argues the president can release the GSEs without Congress.
Bessent set the conservatorship exit timeline at "next year, the year after," with the condition that agency mortgage spreads do not increase.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Pershing Square didn't make the cut. Enter your email to see the names that beat PS. The report is free. Enter your email and see if any of your stocks made the cut.
Fannie Mae closed at $5.56 on November 3, 2026, up 8.81%. Freddie Mac rose 6.61% to $5.00, marking the fourth straight gain for both.
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Ackman's Pershing Square owns more than 200 million combined shares and argues the president can release the GSEs without Congress.
Bessent set the conservatorship exit timeline at "next year, the year after," with the condition that agency mortgage spreads do not increase.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Pershing Square didn't make the cut. Enter your email to see the names that beat PS. The report is free. Enter your email and see if any of your stocks made the cut.
Fannie Mae closed at $5.56 on November 3, 2026, up 8.81%. Freddie Mac rose 6.61% to $5.00, marking the fourth straight gain for both.
#enter
1 day ago