Core Viewpoint - Annaly Capital Management, Inc. announced the retirement of Anthony Green, Chief Legal Officer and Chief Corporate Officer, effective January 1, 2026, after 16 years with the company [1][2]. Group 1: Leadership Transition - Anthony Green has been a key figure in Annaly's legal department since joining in 2009, becoming Chief Legal Officer in 2017 and Chief Corporate Officer in 2019 [2]. - His contributions include overseeing legal and compliance groups, corporate responsibility efforts, and government relations, as well as playing a crucial role in the internalization of the company's management structure in 2020 [2][3]. - The CEO, David Finkelstein, praised Green for his leadership and strategic contributions during transformative periods for the company [3]. Group 2: Company Overview - Annaly is a diversified capital manager focused on mortgage finance, aiming to generate net income for stockholders through prudent management of its investment strategies [4]. - The company is internally managed and has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes [4].

Core Insights - Freddie Mac released its Monthly Volume Summary for November 2025, detailing its mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments [1] Group 1: Company Overview - Freddie Mac's mission is to make home ownership possible for families across the nation, promoting liquidity, stability, and affordability in the housing market throughout all economic cycles [2] - Since its inception in 1970, Freddie Mac has assisted tens of millions of families in buying, renting, or maintaining their homes [2]

Core Insights - Freddie Mac's Single-Family credit risk transfer (CRT) issuance reached nearly $5.1 billion in 2025, including five STACR and six ACIS transactions, providing credit protection on $163 billion of unpaid principal balance of single-family mortgages [1][2] Group 1: 2025 Performance - The company executed three tender offers for approximately $3.0 billion aggregate original principal amount of STACR notes and call options on five STACR transactions valued at approximately $0.5 billion, along with 18 ACIS transactions with a risk in force of approximately $1.5 billion [2] - As of September 30, 2025, approximately 62 percent of the Freddie Mac Single-Family mortgage portfolio was covered by credit enhancement [3] - Since its inception, the Single-Family CRT program has transferred approximately $118 billion of credit risk on more than $3.6 trillion of single-family mortgages through over 200 STACR and ACIS transactions [4] Group 2: Future Plans - For 2026, the company plans to issue one to two STACR and ACIS transactions per quarter and continue the tender offer program while evaluating calls when eligible [5] - The Single-Family CRT programs aim to transfer credit risk to global private capital via securities and (re)insurance policies, enhancing stability, liquidity, and affordability in the U.S. housing market [6]

MCLEAN, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that its offer to investors to exchange certain eligible Gold PCs and Giant PCs for TBA-eligible and non-TBA-eligible mirror securities will close on December 18, 2026. Freddie Mac announced the opening of the exchange offer on May 7, 2019. Investors can refer to the Exchange Offer Circular (available at Legal Documentation - Capital Markets) for the terms and conditions pertaining to the exchange offer. Additional info ...

Fannie Mae and Freddie Mac have added billions of dollars of mortgage backed securities and home loans to their balance sheets in recent months. That's adding to speculation. They're trying to lower lending rates and boost profitability ahead of a potential secondary offering.Bloomberg's Scott Carpenter covers credit and joins us here on set. Scott, great to have you on, on the program. This is a story that has been persistent because Bill Ackman often tweets about Fannie and Freddie.The president and those ...

Freddie Mac (FMCC) shares rallied as much as 10% this morning after Big Short investor Michael Burry said he’s bullish on the government-sponsored mortgage giant. The hedge fund manager confirmed he has a “personal” stake in the housing finance enterprise, which was established in 1970 to expand the secondary market for U.S. mortgages. More News from Barchart Note that Freddie Mac stock is currently traded over the counter. At the time of writing, it’s down about 20% versus its year-to-date high in Sept ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

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]

Investor Michael Burry, known for "The Big Short," said on Monday he owns sizable positions in Fannie Mae and Freddie Mac and expects them to rise materially if the U.S. mortgage finance giants are ta... ...

Core Insights - Michael Burry has shared his stock picks after closing his hedge fund to outside cash, expressing a desire to communicate freely without regulatory constraints [1] - Burry's selected stocks include Lululemon Athletica, Molina Healthcare, Shift4 Payments, and Fannie Mae, which he views as long-term holds [2][3] - The current market conditions are seen as favorable for finding undervalued companies due to seasonal selling pressures [1][4] Company Summaries - **Lululemon Athletica**: An athletic-apparel retailer known for premium yoga pants, has seen its shares decline by 52% year-to-date, trading at under 15 times projected earnings [4][5] - **Molina Healthcare**: Provides affordable health insurance and healthcare services, primarily to low-income and senior Americans, with shares down 49% this year, also trading at under 15 times projected earnings [4][5] - **Shift4 Payments**: A fintech company offering payment processing and commercial tools, has experienced a 32% drop in share price year-to-date [4] - **Fannie Mae**: A government-sponsored enterprise that guarantees over $4 trillion in mortgages, its shares have tripled this year amid speculation of privatization [3][5] Market Context - The selected stocks are characterized by their market capitalizations under $25 billion, indicating a focus on smaller, beaten-down stocks [4][5] - Burry's investment strategy emphasizes deep-value opportunities, particularly in the current environment where many managers are reluctant to hold losing positions at year-end [1][4]