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Benzinga
Benzinga
Business
Henry Khederian

With A Historic Public Offering On The Horizon, Fannie Mae And Freddie Mac's Rally Is Bolstered By Solid Consumer Sentiment Figures

Homepages of Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the Federal Home Loan Mortgage Corporation) Portland,,Or,,Usa,-,Apr,12,,2022:,Homepages,Of,Fannie

Shares of Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) are surging in Monday morning trading, building on momentum from late last week. Here’s what investors need to know.

What To Know: The primary catalyst for the rally is a report revealing the Trump administration is seriously considering a plan to sell a portion of its stake in Fannie Mae and its counterpart, Freddie Mac.

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