Trump Win Supercharges Freddie Mac, Fannie Mae Preferred Zombies

By Yahoo! Finance | Nov 6, 2024 at 12:02 PM EST

Preferred stocks of Fannie Mae and Freddie Mac surged amid speculation that Donald Trump may release them from conservatorship. Trump's re-election could lead to preferred stockholders receiving money back after the 2008 financial crisis bailouts. This move could free the agencies from government constraints on payments to investors.

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