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X @Cassandra Unchained
Cassandra Unchained· 2025-12-11 14:31
More excerpts from my piece on Fannie Mae and Freddie Mac. I did provide my unlocked Excel models for full user customization. These are at the end of the article. $FNMA $FMCC https://t.co/QWD5WZrAO3 ...
The voting Fed members who could dissent on rate cut, Michael Burry's latest bullish stance
Yahoo Finance· 2025-12-09 21:35
Market Domination host Josh Lipton breaks down the day's market headlines ahead of the closing bell on December 9, 2025. GammaRoad Capital Partners CIO Jordan Rizzuto joins the program to discuss how an interest rate cut by the Federal Reserve could set up the bond market in 2026. Whalen Global Advisors Chairman Chris Whalen also comes on to talk about Michael Burry's latest commentary on the relisting of Fannie Mae and Freddie Mac. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-d ...
Mechanics Bank to sell Fannie Mae delegated underwriting and servicing business line to Fifth Third
Seeking Alpha· 2025-12-09 21:18
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Michael Burry bullish on Fannie Mae and Freddie Mac ahead of potential IPOs
Proactiveinvestors NA· 2025-12-09 17:54
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Could a 50-year mortgage make homes more affordable?
Yahoo Finance· 2025-12-09 16:14
President Trump, on Truth Social, recently offered a possible solution to the home affordability crisis: a 50-year mortgage. While Trump often floats ideas on social media, there has been no White House announcement of the plan, although Federal Housing Finance Agency Director Bill Pulte said the administration was "working on it." Is a 50-year mortgage the answer to housing affordability, or simply adding the burden of long-term debt to potential first-time home buyers? The 50-year mortgage could spar ...
Famed Bear Michael Burry Is Bullish on Fannie and Freddie
Yahoo Finance· 2025-12-09 14:56
Michael Burry, the money manager made famous in , says he holds sizable positions in both Fannie Mae and Freddie Mac common stock and believes a re-listing of the US housing-finance giants is “nearly upon us.” In a 6,000-word blog post on Monday, Burry outlined why he’s now bullish on the government-sponsored enterprises, the political and regulatory hurdles that stand in the way of a public offering, and the steps he says Washington must take before the pair can stage a comeback on Wall Street. Most Rea ...
X @Cassandra Unchained
Cassandra Unchained· 2025-12-09 13:18
Fannie & Freddie, Toxic Twins No More No More? ExcerptRecently, both news and gossip has picked up.August 1st, Bloomberg reported that Trump was meeting with CEOs of the biggest banks to discuss monetizing the GSEs.On August 8th, the WSJ cited sources claiming the valuation for the two would be roughly $500 billion. A couple days later Bloomberg reported on plan where Treasury sells 5-15% in each, totaling a $30 billion IPO.August guidance from President Trump indicated they would continue under government ...
Mortgage and refinance interest rates today, December 9, 2025: Will a Fed rate cut move rates lower?
Yahoo Finance· 2025-12-09 11:00
Mortgage rates have been rangebound for over six weeks, with nothing to compel them higher or lower. According to Zillow, the average 30-year rate is 6.07%. The 15-year average rate is 5.53%. A Federal Reserve rate cut is likely tomorrow, with Fed Chair Jerome Powell's comments and the Fed's dot plot likely to lead bond market sentiment. Today's mortgage rates Here are the current mortgage rates, according to our latest Zillow data: 30-year fixed: 6.07% 20-year fixed: 6.03% 15-year fixed: 5.53% 5/1 ...
'Big Short' investor Michael Burry warned early about subprime excess — now he's betting on Fannie and Freddie IPOs
Business Insider· 2025-12-09 06:27
"Big Short" investor Michael Burry sounded early alarms about the subprime mortgage market's excesses — the same risks that later engulfed mortgage giants Fannie Mae and Freddie Mac. Now, Burry wrote in a Substack post on Monday that he owns "good size" positions in both companies' common stock — and believes a long-awaited plan to take them public again may finally be approaching."Once each company is released from capital restraint by their IPOs, I expect growth to accelerate naturally," he wrote. In hi ...
Michael Burry Reveals 'Sizable' Stakes In Fannie Mae, Freddie Mac: 'Toxic Twins No More' - Federal Home Loan (OTC:FMCC)
Benzinga· 2025-12-09 06:25
Core Viewpoint - Michael Burry has taken sizable positions in Fannie Mae and Freddie Mac, indicating a bullish outlook on these mortgage finance giants as they may return to public markets, which he refers to as "Toxic Twins No More" [1][2][5] Group 1: Investment Thesis - Burry projects that an IPO for Fannie Mae and Freddie Mac could price shares between 1 and 1.25 times book value [2] - He anticipates that once listed, shares could trade at 1.5 to 2 times book value within one to two years, expecting natural growth acceleration post-IPO [3] - The investment marks a significant shift for Burry, who previously warned about the GSEs' fragility and past failures, including the 2008 crisis [4] Group 2: Market Context - Burry speculates that Berkshire Hathaway could take a substantial position in Fannie Mae and Freddie Mac if they go public, as Berkshire previously held stakes in these companies before the 2008 crash [6] - The potential IPOs align with reports that the Trump administration may launch them later this year, with Fannie and Freddie currently guaranteeing approximately 62% of outstanding U.S. mortgages [7]