Dear Fannie Mae Stock Fans, Mark Your Calendars for November 18

The destiny of mortgage financiers Fannie Mae (FNMA) and Freddie Mac (FMCC) is set to get some clarity after billionaire investor and CEO of investment management firm Pershing Square, Bill Ackman, revealed that he will propose a transaction through a livestream on Nov. 18 that will lead to higher shareholder value for the two government-sponsored enterprises (GSEs). In a post on X (formerly Twitter), Ackman said his plan, if implemented, "will enable the @realDonaldTrump Administration to achieve all of ...