Fannie closed up 7.04% to $4.26, and Freddie closed up 5.03% to $4.18
"I am prepared to sitdown and make a deal with the government on Fannie and Freddie...If you look through their business, it's got better since the financial crisis as they guarantee safer loans and as the housing market got better," he said, speaking at the Ira Sohn Investment Conference.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts