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十几年的故事即将走向终局,还有2倍往上的机会,干吗?
Ge Long Hui·2025-09-12 07:57

Group 1 - The core focus of the article is on the potential IPO of Fannie Mae and Freddie Mac, referred to as the "two houses," which have seen significant stock price increases and are expected to transition from concept stocks to reality [1][5][22] - Since early August, the stock prices of the two houses have risen nearly 80%, yet their market value is still far from the target [3][22] - The two houses have a long history as significant players in the U.S. housing finance market, and their upcoming IPO could lead to a combined valuation of $500 billion to $700 billion [8][22] Group 2 - Fannie Mae's projected net profit for 2024 is $11.6 billion, indicating steady growth despite past fluctuations [6][10] - The article highlights that the current market valuation of Fannie Mae is approximately $9.2 billion, which is significantly lower than its potential value based on earnings [9][10] - The article discusses the historical context of the two houses, tracing back to the 2008 financial crisis when they were placed under government conservatorship, which has impacted their profitability and shareholder returns [11][12][15] Group 3 - The article outlines the changes made by the Obama administration in 2012, which required the two houses to pay all profits to the government, effectively preventing them from retaining earnings [15][16][18] - Legal actions have been taken by shareholders against the Federal Housing Finance Agency (FHFA) for perceived violations of shareholder rights, with a recent court ruling in favor of shareholders [19][20] - The potential for a new IPO under the Trump administration is highlighted, with expectations that the two houses could be listed soon, significantly impacting their market valuation [22][23]