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Fannie, Freddie stocks on the rise as GOP takeover boosts privatization hopes

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Investors in mortgage-finance giants Fannie Mae and Freddie Mac have watched those stocks more than double in 2024 amid hopes that President-elect Donald Trump would end the federal government’s conservatorship of the companies when he assumes office.

Fannie

FNMA and Freddie FMCC shares rose about 6% on Tuesday after a series of reports that reflected the Republican party’s desire to return Fannie and Freddie to the private sector. The companies are not listed and only trade over-the-counter.

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