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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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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
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We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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