Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

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Investments / The Ticker

Fairholme boasts of $2.4B stake in GSE stocks

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Fairholme Capital Management announced that its clients, including The Fairholme Fund and The Fairholme Allocation Fund, own $2.4 billion per value of Fannie Mae and Freddie Mac stocks.

The company is ready to help with a restructuring that accelerates the return of investors to the secondary mortgage market. 

"Fannie Mae and Freddie Mac are critical to our nation's economic securities, lowering the cost and increasing the availability of homeownership," the company said. 

 

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