Price of Fannie/Freddie Common Up a Stunning 35 Percent Since Early Summer
October 5, 2017
Since early July, Fannie Mae and Freddie Mac have seen the share price of their common stock rise roughly 35 percent on the over-the-counter market, turning these two government wards into some of the best short-term investments among all equities. Then again, there appears to be no real reason for the run-up in trading price, though observers speculate that a Republican National Committee resolution issued earlier in the year regarding the two might have something to do with it ...