Senate approves short sale tax break

Senate approves short sale tax break

Allows tax relief on 2014 short sales

Senate fails to pass Terrorism Risk Insurance Act

Housing groups "extremely disappointed" in "alarming failure"

Another regulator investigates Ocwen Financial

Ocwen’s terrible, horrible, no good, very bad year just got worse
W S
Investments / The Ticker

Investors prepare for GSEs future as private firms

/ Print / Reprints /
| Share More
/ Text Size+

Investors are cashing in on Fannie Mae and Freddie Mac preferred stock, placing bets that both Enterprises will return to private firms. 

Fannie Mae's 8.25% of preferred shares have more than doubled this year to $4.31 on Friday.

"The idea is eventually, as these companies have paid back their debt to the government, they could potentially be turned back on," said Bose George, an analyst at Keefe Bruyette & Woods.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus