|Day Low/High||8.10 / 8.54|
|52 Wk Low/High||2.84 / 9.45|
Fannie Mae and Freddie Mac preferred shares have largely sat out the recent rebound in common stock of the GSEs, but some observers believe the market has it wrong.
A Senior White House official rejected the fund manager's proposal to spin off parts of Fannie Mae and Freddie Mac on Wednesday.
Pershing Square's Bill Ackman disclosed a less than 10% stake in both bailed-out housing giants.
Bruce Berkowitz's offer to buy out parts of Fannie Mae and Freddie Mac promises upside for common shareholders.
Bruce Berkowitz's proposal to replace Fannie and Freddie is a helpful step, but there's no simple way to replace the GSEs.
The bailed out housing giants are an even bigger presence in the mortgage market, leaving taxpayers on the hook.
With the bailed-out housing agencies making billions in profit again, it is time to return them to private hands, the fund manager tells CNBC.
President Obama's support for the Corker-Warner GSE reform bill increases uncertainty for non-government shareholders of Fannie and Freddie.
Perry Capital brings out the big legal guns in challenging a 2012 sweep of GSE profits into the Treasury.
The latest proposal to replace Fannie Mae and Freddie Mac is flawed, according to Michael Kao, an investor rooting for privatization of the housing giants.
The fate of common shareholders who were wiped out during the 2008 bailout of the housing giants remains uncertain as politicians debate their future.
Investors on Monday sued the federal government, claiming $41 billion, saying its takeover of the GSEs was 'unprecedented and usurious.'
The value investor is making a big bet on Fannie and Freddie's future.