Economist: Here's why mortgage supply and demand isn't normal

Economist: Here's why mortgage supply and demand isn't normal

What has recovered or is close to being recovered?

CFPB responds to criticisms of consumer-complaint database program

Bureau answers questions raised by HousingWire, Mercatus and trade groups

Mercatus: CFPB shouldn’t create open consumer-complaint database

Info would be unfair, inaccurate, costly and without statutory authority
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