Freddie Mac (FMCC) stock and its counterpart, Fannie Mae (FNMA), have both been hot investments this year, up more than 200% each after the Trump administration indicated that it was considering a public offering for the two government-sponsored enterprises.
While there is considerable interest in a shift toward privatization for Freddie Mac and Fannie Mae, a red flag remains. Federal Housing Finance Agency director Bill Pulte took to social media to urge investors to “read the risks that Freddie Mac has in their 10-K” before investing.
