Home » News » Short Takes: Just How Altruistic is Fairholme’s Bruce Berkowitz? / HUD Doesn’t Like Bid Price on Certain NPLs / NAIHP Wants Delay in QM Rule / Foreclosures on the Rise Again / Clayton Hires Compliance Chief
Short Takes: Just How Altruistic is Fairholme’s Bruce Berkowitz? / HUD Doesn’t Like Bid Price on Certain NPLs / NAIHP Wants Delay in QM Rule / Foreclosures on the Rise Again / Clayton Hires Compliance Chief
Fairholme owns $3.5 billion (face value) of GSE junior preferred stock. After company chief Bruce Berkowitz sent his tender offer to FHFA and then went on CNBC to discuss the plan, you can bet that the price of GSE preferred probably increased a bit.