Fannie, Freddie Whipsaw as Trump Floats Trillion-Dollar Value
Fannie Mae and Freddie Mac common shares rose sharply at the open on Friday after President Donald Trump said the two mortgage finance giants were probably worth $1 trillion, though...
By Felice Maranz · Bloomberg Markets
Fannie Mae and Freddie Mac common shares rose sharply at the open on Friday after President Donald Trump said the two mortgage finance giants were probably worth $1 trillion, though they subsequently erased much of those gains as skepticism mounted.