Author: Zacks

Fannie Mae via Pershing Square Presentation

Ackman’s Optimism on Fannie Mae, Freddie Fac

Shares of Federal National Mortgage Association (OTCBB:FNMA) or Fannie Mae and Federal Home Loan Mortgage Corporation (OTCBB:FMCC) or Freddie Mac rallied about 3.0% and 6.3%, respectively, following Bill Ackman’s presentation in favor of the companies on May 5. However, as the overall market indexes […]