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June 4, 2014

Short Takes: Fairholme Cleans Up on Fannie & Freddie Stock / Investing Icon Icahn Now Owns GSE Shares / Buy Low, Sell High / New Mortgage Applications Not-so-Hot

By Paul Muolo

Fairholme still owns a ton of GSE stock. At press time Wednesday, Fannie common was trading at $4.77. The most Fairholme ever paid for Fannie common was $2.07. Sweet…

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

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2 to 3 years. GSE reform is complicated.
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