Investment Strategy & Portfolio - Pentwater Capital, an event-driven hedge fund, manages $7 billion in assets [1] - The fund held an economic interest in US Steel exceeding $1 billion [5] - Pentwater Capital has a $1.3 billion face value position in Fannie and Freddie preferred stock [16] Fannie and Freddie Privatization - The fund believes the Trump administration will release Fannie and Freddie from conservatorship and allow them to be relisted [8] - The fund believes the preferred stock has more appreciation potential than the common stock due to potential dilution of common shareholders [9][13][14] - The fund anticipates the government might convert its senior preferred shares into common stock, potentially diluting common shareholders [12][13] - The fund believes privatizing Fannie and Freddie will occur before the end of the current administration [14][15] US Steel Acquisition - The fund correctly predicted the closing of the US Steel acquisition by Nippon at $55 [2] - The acquisition involved a "golden share" provision, a novel concept in the United States [4] - The fund actively engaged with senators and the administration to advocate for the US Steel deal, highlighting Nippon's $14+ billion investment in Pennsylvania [3][4]

A key federal housing regulator instructed mortgage giants Fannie Mae and Freddie Mac to begin studying how to evaluate cryptocurrency as an asset in mortgage applications, a move that could help more crypto holders qualify for home loans. https://t.co/EP1JgYA6EW ...

Policy & Regulation - Fannie Mae and Freddie Mac are ordered to prepare their businesses to count cryptocurrency as an asset for a mortgage [1] - The order aligns with President Trump's vision to make the United States the crypto capital of the world [1]

We're back with some news on the housing front. We'll go to Washington. Diane Olic has that for us.Hey D. Hey Scott. Yeah, this is from the FHFA director Bill PY.He is the conservator of Fanny May and Freddy Mack. He just posted on X after significant studying and in keeping with President Trump's vision to make the United States the crypto capital of the world today. I ordered the great Fanny May and Freddy Mack to prepare their businesses to count cryptocurrency as an asset for a mortgage.Interesting. In ...

Imagine using your Chillhouse as collateral for getting a Chill HousePulte (@pulte):After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.SO ORDERED https://t.co/Tg9ReJQXC3 ...

holy shitthe US director of federal housing just said that soon you'll be able to use your crypto for getting a mortgagePulte (@pulte):After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.SO ORDERED https://t.co/Tg9ReJQXC3 ...

Core Insights - Mortgage rates have remained high, averaging between 6% and 7% for the past two years, with a peak of 7.79%, the highest in decades [1][2] - The current median home price is $410,800, and at a 6.35% mortgage rate, monthly payments would be approximately $2,556, excluding additional costs [3][4] - Predictions indicate that mortgage rates are expected to remain around 6.5% to 7% through 2025, with a potential drop to 6.1% by the third quarter of 2026 [6][9][17] Mortgage Rate Impact on Buyers - The high mortgage rates significantly affect home buyers, especially with rising home prices, making affordability a concern [3][5] - A 30-year mortgage at 6.35% would result in nearly $24,000 paid towards principal and interest in the first year, which is over half of the median annual earnings in the country [5] - The difference in monthly payments between a 7% and a 6% mortgage rate is about $270, translating to an annual difference of $3,240 [5] Future Rate Predictions - Fannie Mae and the Mortgage Bankers Association project average mortgage rates of 6.7% and 6.6% respectively by the end of 2025, with no expectation of rates falling below 6% until late 2026 [6][7][16] - Factors influencing these predictions include inflation trends and the Federal Reserve's monetary policy responses [7][10] Economic Factors Influencing Rates - The August Consumer Price Index indicated a 2.9% annual inflation rate, which aligns with market expectations for the Federal Reserve to potentially cut rates [9] - Analysts suggest that a reduction in inflation and increased unemployment would be necessary for mortgage rates to drop below 6% [11][12] Strategies for Home Buyers - While lower mortgage rates are not imminent, buyers can take steps to secure better rates, such as improving credit scores, making larger down payments, and shopping around for quotes [13][14] - Exploring shorter loan terms or adjustable-rate mortgages may also provide lower rates compared to traditional 30-year fixed-rate mortgages [13]

Key expectations M Idea Morgan Stanley & Co. LLC Michael T Gapen Chief US Economist Michael.Gapen@morganstanley.com +1 212 761-0571 Matthew Hornbach Strategist Matthew.Hornbach@morganstanley.com +1 212 761-1837 Jay Bacow Strategist Jay.Bacow@morganstanley.com +1 212 761-2647 Sam D Coffin Economist Sam.Coffin@morganstanley.com +1 212 761-4630 Diego Anzoategui Economist Diego.Anzoategui@morganstanley.com +1 212 761-8573 Lenoy Dujon US/Canada Economist Lenoy.Dujon@morganstanley.com +1 212 761-2779 Heather Berg ...

Core Viewpoint - Palantir Technologies Inc. is experiencing positive momentum in its stock price due to strategic partnerships, particularly with Fannie Mae for an AI-powered Crime Detection Unit aimed at combating mortgage fraud in the U.S. housing market [1][2][3] Group 1: Partnerships and Contracts - Fannie Mae has launched an AI-powered Crime Detection Unit, with Palantir as a key technology partner to analyze datasets for fraudulent patterns [1][2] - The partnership will initially focus on Fannie Mae's multifamily housing business, with potential expansion to Freddie Mac [3] - Palantir's close ties to the U.S. government are highlighted, as over 50% of its revenue comes from government contracts, including a recent expanded contract with the U.S. Department of Defense [4] Group 2: Market Performance and Valuation - Palantir's stock price has seen significant growth, hitting a record high on May 30 before surpassing it again on June 2, indicating a bullish pattern [6][7] - The company's market capitalization has increased sharply to $311 billion as of June 2, 2025, driven by stock price growth and an increase in outstanding shares [9] - Despite concerns about valuation, Palantir's revenue growth of 33.45% and an 80% gross margin support the stock price increase of over 500% in the last 12 months [10][11] Group 3: Analyst Ratings and Forecasts - Current analyst ratings suggest a "Reduce" stance on Palantir Technologies, with a 12-month price forecast of $83.95, indicating a potential downside of 36.29% from the current price of $131.77 [10][13] - The stock's performance and market cap growth are attributed to both stock price increases and the number of shares outstanding, with insider selling often viewed negatively by investors [11][12]

In this articleFMCCFNMAPLTRAlex Karp, CEO of Palantir Technologies, speaks during the Digital X event in Cologne, Germany, on Sept. 7, 2021.Andreas Rentz | Getty ImagesQuasi-governmental financial firm Fannie Mae on Wednesday announced a partnership with defense tech player Palantir to detect mortgage fraud, deepening ties between the federal government and a company that has been a big winner in the second Trump administration.Priscilla Almodovar, Fannie Mae CEO, said Wednesday at a press event that the go ...