Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
W S
Investments / The Ticker

Pershing Square takes big stakes in Fannie, Freddie

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

According to Business Insider, Bill Ackman's hedge fund Pershing Square has taken a 9.77% stake in mortgage giant Freddie Mac, and a 9.98% stake in Fannie Mae.  

"This proposal is about the future," Berkowitz said in a CNBC interview yesterday, later adding, "We are apolitical, we will do it any way government wants."

This after yesterday Bruce Berkowitz of Fairholme Capital Management announced that he and other investors were willing to buy and recapitalize Freddie Mac and its sister company Fannie Mae.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus