President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is keeping a close eye on one in particular: the privatization of mortgage companies Fannie Mae (FNMA) and Freddie Mac (FMCC),

Shares slip after a run-up that followed December disclosure of Pershing Square chief’s plan to end government conservatorship of mortgage insurers.

Wall Street is keeping a close eye on one in particular: the privatization of mortgage companies Fannie Mae (FNMA) and Freddie Mac (FMCC), which has been under government conservatorship since the ...

Cement your place in history as the “Art of the Deal” president with your biggest deal ever. Hedge fund managers like Bill Ackman have built huge stakes in Fannie Mae and Freddie Mac betting the government-sponsored entities will be privatized by the president-elect at some point in his second term.

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.

U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency (FHFA).

Third Avenue Real Estate Value Fund generated a return of +14.37% (after fees) vs. +2.00% (before fees) for benchmark. Click here to read more.

The details of Trump's plans to cut housing costs are yet to be announced. In the executive order, Trump ordered government agencies to deliver "emergency price relief" and take action to lower the cost of housing and expand the housing supply.

US stocks struggled on Friday to pick up on the recent rally as investors filtered through the latest batch of earnings and weighed Donald Trump's hints at a softer stance on China tariffs. President Trump's call at Davos for cuts to US interest rates,

U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to stubbornly high mortgage rates.

U.S. existing-home sales fell in 2024 to the lowest level in 30 years, as high mortgage rates and low housing inventory weighed on home-buying activity.

The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.