Federal National Mortgage Bolsa (OTC: FNMA)

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FANNIE MAE

Fannie Mae

Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments namely the Single-Family business that operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units and the Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.

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Los mercados bursátiles de Estados Unidos experimentaron una disminución ayer, con el S&amp;P 500 cayendo un 1,07%. El NASDAQ también se redujo, cayendo casi un 1,2%. El índice Dow Jones cayó casi un 1%. A pesar de que estos índices cerraron en rojo, ciertas acciones captaron la atención de los inversores.

Tesla, MicroStrategy, Boeing, Fannie Mae, MicroCloud Hologram: 5 valores en el radar de los inversores

Federal National Mortgage Association Fannie Mae

Hedge fund titan Bill Ackman&#8217;s Pershing Square Holdings, a closed-end fund listed on the London Stock Exchange, is down 14% year-to-date, owing to tariff-related market volatility.
The losses, however, have only been calculated through April 8th, and don&#8217;t include the massive rally on Wednesday.
What Happened: Ackman&#8217;s fund allocates capital across 8 to 12 stocks, which are usually large-cap, liquid, and North American-based. 
The fund&#8217;s holdings during the past couple of months, comprising Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), and Hilton Hotels Corp. (NYSE:&nbsp;HLT), among others, none of which have performed well over the past few months, posting year-to-date declines of 19.48%, 14.96%, and 10.80%, respectively.
See More: <a href="https://www.benzinga.com/25/04/44730103/us-bike-prices-set-to-soar-amid-escalating-china-trade-war">Americans Could Pay 50% More For Bicycles As Trump&#8217;s Tariffs Hit China-Dependent Industry: Report</a>
Even its relatively well-insulated holdings, such as Google-parent Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Howard Hughes Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HHH#NYSE">HHH</a>), haven&#8217;t performed too well, declining 15.51% and 11% year-to-date, respectively.
Holdings gained during this period include Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), Federal National Mortgage Association (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>), and the Federal Home Loan Mortgage Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FMCC#OTC">FMCC</a>), gaining 15.05%, 75%, and 49.85%, respectively.
Why It Matters: Bill Ackman&#8217;s Pershing Square Holdings has generated a <a href="https://pershingsquareholdings.com/performance/net-asset-value-and-returns/">compounded annual NAV</a> return of 22.2% over the past five years. Ackman is also known for generating one of the industry&#8217;s highest returns of 70.2% in 2020, betting that the market would crash during the COVID-19 pandemic, making $2.2 billion for his investors.
This has positioned him as a trendsetter in the industry, whose portfolio is regularly watched to understand where the market is headed. He is also one of the most outspoken individuals on Wall Street, having made the news several times over the past few days alone.
On Wednesday, Bill Ackman praised Trump for <a href="https://www.benzinga.com/news/global/25/04/44723751/billionaire-investor-bill-ackman-praises-trumps-tariff-pause-thank-you-on-behalf-of-all-americans">pausing the tariffs</a>, before that he <a href="https://benzinga.com/markets/equities/25/04/44661978/bill-ackman-blames-market-collapse-on-tariff-timing-says-trump-advisor-should-be-fired-now-predicts-a-lot-more-than-5-dip">criticized the timing</a> of the tariffs, <a href="https://benzinga.com/government/regulations/25/04/44662730/bill-ackman-slams-commerce-secretary-lutnick-for-ignoring-stock-market-crash-he-and-cantor-are-long-bonds">slammed Commerce Secretary</a> Howard Lutnick, and more, all over the past week. 
Price Action: Pershing Square Holdings stock was up 8.14% on Wednesday, closing at 3,508 GBX, and is down 12.08% year-to-date.
Read More:
<ul>
<li><a href="https://www.benzinga.com/25/04/44730016/bitcoin-will-decouple-with-stocks-in-case-of-a-tariff-fueled-recession-says-analyst-lower-interest-rates-and-massive-money-printing">Bitcoin Could Break Free From Stocks In Case Of A Tariff-Fueled Recession, Says Analyst: &#8216;Lower Interest Rates And Massive Money Printing&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

FMCC

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UBER

Bill Ackman Feels The Sting: Pershing Square Portfolio Down 14% Year-To-Date Amid Tariff Volatility

<a href="https://www.fhfa.gov/news/news-release/fannie-mae-fires-over-100-employees-for-unethical-conduct-including-the-facilitation-of-fraud">https://www.fhfa.gov/news/news-release/fannie-mae-fires-over-100-employees-for-unethical-conduct-including-the-facilitation-of-fraud</a>
 Today, the U.S. Federal Housing Finance Agency (U.S. Federal Housing FHFA) and Fannie Mae issued the following statement:
"In President Trump's housing market, there is no room for fraud, mortgage fraud, or any other deceitful act that can jeopardize the safety and soundness of the housing industry," said William J. Pulte, Chairman of the Board of Directors of Fannie Mae. "Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including facilitating fraud, against our great company. &nbsp;Anyone who commits fraud against Fannie Mae does so against the American people."
"I would like to thank Director Pulte for his empowering of Fannie Mae to root out unethical conduct, including anyone facilitating fraud. We hold our employees to the highest standards, and we will continue to do so," said Priscilla Almodovar, President and Chief Executive Officer of Fannie Mae.

Management

Fannie Mae Fires Over 100 Employees For Unethical Conduct, Including The Facilitation Of Fraud

President Donald Trump's newly appointed director of the Federal Housing Finance Agency Bill Pulte on Thursday fired the CEO of mortgage giant Freddie Mac (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FMCC#OTC">FMCC</a>) and placed two senior FHFA officials on <a href="https://www.benzinga.com/trading-ideas/movers/25/01/43040244/trump-taps-bill-pulte-to-lead-the-federal-housing-finance-agency">administrative leave.&nbsp;</a>
The Details: Pulte fired Freddie Mac CEO Diana Reid and placed FHFA COO Gina Cross and Human Resources Director Monica Matthews on leave, according to <a href="https://www.politico.com/news/2025/03/20/employees-placed-on-leave-at-top-housing-regulator-00240298">a report </a>from Politico.&nbsp;
The moves come after Pulte fired 14 members of Fannie Mae (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>) and Freddie Mac's boards of directors and appointed himself chairman of both companies earlier this week. Antonio White, director of FHFA's Office of Congressional Affairs and Communications, was fired on Monday.
The sources also told Politico that several employees in the FHFA's Office of Consumer Protection, the Office of Statistics and Research and the Office of Equal Opportunity and Fairness were placed on leave and employees in the Office of Minority and Women Inclusion were placed on leave weeks ago, as Pulte guts the agency.
Why It Matters: The shake-up at Fannie Mae and Freddie Mac, which underpin about half of the U.S. residential mortgage market, comes as the Trump administration considers privatizing them. Privatization of the government-controlled entities could benefit private investors but has raised concerns among Democrats and others about potential disruptions to the housing finance market
What Else: Billionaire investor and CEO of Pershing Square hedge fund Bill Ackman recommended the companies<a href="https://www.benzinga.com/general/social-media/24/12/42734220/bill-ackman-sends-fannie-mae-freddie-mac-stocks-soaring-trump-likes-big-deals"> as investments</a> in December and said he sees the potential for Fannie Mae and Freddie Mac to come out of conservatorship under the Trump administration.&nbsp;
&#8220;Trump likes big deals and this would be the biggest deal in history. I am confident he will get it done,&#8221; Ackman wrote in a social media<a href="https://x.com/BillAckman/status/1873818034428694837?ref_src=twsrc%5Etfw"> post</a>.&nbsp;
FNMA, FMCC Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Fannie Mae shares ended Thursday's session 3.99% higher at $6.26 and Freddie Mac closed up 1.57% at $5.16. Both stocks are moving higher in early in Friday's session, despite large index futures moving lower.&nbsp;
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/03/44367584/black-swan-hedge-fund-posts-4000-profits-during-covid-19-market-crash-heres-how">Black Swan&#8217; Hedge Fund Posts 4,000% Profits During COVID-19 Market Crash: Here&#8217;s How</a></li>
</ul>
Photo: Shutterstock

Government

Politics

Real Estate

Fannie Mae, Freddie Mac In Upheaval As Trump Administration Considers Privatizing Mortgage Giants

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas"> many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.
The Nasdaq ended the week down 1.6%, with the S&amp;P 500 losing 1% and the Dow gaining 0.3%, as markets attempted to recover from earlier losses. 
Strong earnings and a more dovish tone from Fed Chair Jerome Powell helped lift sentiment, reinforcing hopes for future rate cuts. However, by Friday, concerns over new U.S. tariffs on China, Mexico, and Canada weighed on the market, leading to renewed volatility. 
White House press secretary Karoline Leavitt confirmed that the 25% and 10% tariffs would take effect Saturday, raising fears <a href="https://www.benzinga.com/25/01/43404983/stocks-trim-deepseek-losses-fed-holds-steady-trump-slaps-25-tariffs-on-canada-mexico-this-week-in-the-markets">of economic disruptions.</a>
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
&#8220;<a href="https://www.benzinga.com/25/01/43196106/rigetti-computing-quantum-stargate">Rigetti Computing, Quantum Stocks Soar On Project Stargate</a>,&#8221; by&nbsp;<a href="https://www.benzinga.com/author/erica-kollmann">Erica Kollmann</a>, highlights Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) surging 42% after Donald Trump announced Project Stargate, a $500 billion AI investment initiative backed by Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), OpenAI, NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and SoftBank, aiming to build AI data centers and enhance computational systems.
&#8220;<a href="https://www.benzinga.com/25/01/43293760/shiba-inus-shytoshi-kusama-teases-extremely-powerful-partnership-for-ecosystemcoin-themed-on-mysterious-personality-rallies-25">Shiba Inu&#8217;s Shytoshi Kusama Teases &#8216;Extremely Powerful Partnership&#8217; — Coin Themed On Him Rallies 25%</a>,&#8221; by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, highlights Shytoshi Kusama's cryptic announcement of a major partnership for the Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) ecosystem, fueling speculation about potential collaborations with Binance or Elon Musk's X.
&#8220;<a href="https://www.benzinga.com/tech/25/01/43242360/jensen-huang-mania-mirrors-taylor-swift-people-are-camping-outside-retailers-for-nvidia-5000-series-gpus">Jensen Huang Mania Mirrors Taylor Swift: People Are Camping Outside Retailers For Nvidia 5000 Series GPUs</a>,&#8221; by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, highlights soaring demand for Nvidia RTX 5000 series GPUs, with enthusiasts camping outside stores ahead of the Jan. 30 launch, reminiscent of Black Friday rushes for Taylor Swift merchandise.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/general/social-media/25/01/43277294/visa-stock-moves-higher-as-company-becomes-first-partner-of-musks-xmoney-whats-going-on">Visa Stock Moves Higher As Company Becomes First Partner Of Musk&#8217;s XMoney: What&#8217;s Going On?</a>
<a href="https://www.benzinga.com/trading-ideas/movers/25/01/43310673/trump-media-technology-group-stock-jumps-on-expansion-into-financial-services">Trump Media &amp; Technology Group Stock Jumps On Expansion Into Financial Services</a>
<a href="https://www.benzinga.com/25/01/43242497/twilio-set-for-strong-growth-after-key-strategic-shifts-says-analyst">Twilio&#8217;s Turnaround Story Is Underway, Analyst Turns Bullish And Boosts Price Forecast</a>
The Bears
&#8220;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43267966/deepseeks-low-cost-model-reshapes-ai-landscape-experts-predict-shift-to-application-layer">DeepSeek&#8217;s Low-Cost Model Reshapes AI Landscape: Experts Predict Shift To &#8216;Application Layer&#8217;</a>,&#8221; by&nbsp;<a href="https://www.benzinga.com/author/piero-cingari">Piero Cingari</a>, highlights how DeepSeek&#8217;s R1 model, trained for just $5.6 million, challenges billion-dollar AI investments from U.S. tech giants, with Goldman Sachs warning that AI capital expenditures may shift from infrastructure to applications, impacting firms like Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
&#8220;<a href="https://www.benzinga.com/analyst-ratings/downgrades/25/01/43255575/fannie-mae-freddie-mac-stock-a-considerable-risk-say-analysts-who-downgrade-both-to-underperform">Fannie Mae, Freddie Mac Stock A &#8216;Considerable Risk,&#8217; Say Analysts Who Downgrade Both To Underperform</a>,&#8221; by <a href="https://www.benzinga.com/author/erica-kollmann">Erica Kollmann</a>, reports that analysts downgraded Fannie Mae (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>) and Freddie Mac (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FMCC#OTC">FMCC</a>) to Underperform, citing risks despite raising their price targets, as privatization attempts remain uncertain following the stocks&#8217; sharp post-election gains.
&#8220;<a href="https://www.benzinga.com/25/01/43373954/cathie-woods-ark-invest-dumps-over-10-million-worth-of-palantir-stock-as-ai-competition-heats-up">Cathie Wood&#8217;s Ark Invest Dumps Over $10 Million Worth Of Palantir Stock As AI Competition Heats Up</a>,&#8221; by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal">Shivdeep Dhaliwal</a>, reports Ark Invest selling 127,969 shares of Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) worth $10.4 million amid growing AI competition from DeepSeek.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/trading-ideas/technicals/25/01/43238883/stock-of-the-day-nvidia-breaks-support-after-deepseek-ai-disruption">Stock Of The Day: Nvidia Breaks Support After DeepSeek AI Disruption</a>
<a href="https://www.benzinga.com/25/01/43269986/taiwan-semiconductor-bounces-back-after-selloff-risks-remain">Taiwan Semiconductor Stock Rebounds After Selloff, US-Taiwan Chip Partnership Still Faces Tariff Threats</a>
<a href="https://www.benzinga.com/25/01/43287042/amd-downgraded-as-nvidias-arm-cpus-threaten-x86-market-and-long-term-revenue-growth-analyst">AMD Gets A Downgrade And It&#8217;s Not DeepSeek Related</a>
Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.
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Benzinga Bulls And Bears: Nvidia, Palantir, Rigetti Computing And Shiba Inu Hints At Major Partnership

<a href="https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20026647.pdf" title="https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20026647.pdf">https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20026647.pdf</a>

Congresswoman Debbie Dingell Has Disclosed A Purchase Of Up To $250,000 Of Federal National Mortgage Association Stock

Shares of Fannie Mae (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>) and Freddie Mac (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FMCC#OTC">FMCC</a>) fell Monday after Keefe, Bruyette &amp; Woods analysts downgraded the stocks to Underperform. Here's a look at the latest <a href="https://www.benzinga.com/general/social-media/24/12/42734220/bill-ackman-sends-fannie-mae-freddie-mac-stocks-soaring-trump-likes-big-deals">developments for the mortgage giants. </a>
What To Know: The Keefe, Bruyette &amp; Woods analysts, led by Tommy McJoynt, said that though the odds of a privatization attempt have grown lately, they see "considerable risk" to the stocks at their current levels. Shares of Fannie Mae and Freddie Mac are up 333% and 343%, respectively, since the day before the election of President Donald Trump. 
Read Next:<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43254018/sofi-stock-falls-on-soft-guidance-despite-strong-quarter-with-record-member-growth-loan-originations-analyst"> SoFi Stock Falls On Soft Guidance Despite &#8216;Strong Quarter&#8217; With Record Member Growth, Loan Originations: Analyst&nbsp;</a>
The analysts increased the probability of the senior preferred shares being forgiven to 10% from 5%, but said they see a failed attempt at privatization or a successful privatization with dilution of senior preferred shares to common as more likely outcomes.&nbsp;
However, the firm did raise the price target for Fannie Mae from $3 to $4 and raised Freddie Mac from $4 to $4.50 based on the higher probability of forgiveness of the senior preferred shares.&nbsp;
What Else: Trump recently announced <a href="https://www.benzinga.com/trading-ideas/movers/25/01/43040244/trump-taps-bill-pulte-to-lead-the-federal-housing-finance-agency">plans to nominate</a> private equity CEO Bill Pulte as director of the Federal Housing Finance Agency (FHFA), which is expected to oversee efforts to return Fannie Mae and Freddie Mac to the private sector, according to Reuters.
FNMA, FMCC Price Action:  According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Fannie Mae shares closed Monday down 4.88% at $5.46 and Freddie Mac shares closed down 3.25% at $5.06.
Read Next: • <a href="https://www.benzinga.com/25/01/43242938/royal-caribbean-earnings">Royal Caribbean Q4 Earnings Preview: Can Cruise Line Stay Afloat Despite FX, Oil Headwinds?</a>
Photo: Shutterstock

Downgrades

Small Cap

Analyst Ratings

Movers

Fannie Mae, Freddie Mac Stock A 'Considerable Risk,' Say Analysts Who Downgrade Both To Underperform

Keefe, Bruyette &amp; Woods analyst Bose George downgrades Federal National Mortgage (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>) from Market Perform to Underperform and raises the price target from $3 to $4.

Price Target

Keefe, Bruyette & Woods Downgrades Federal National Mortgage to Underperform, Raises Price Target to $4

<a href="https://www.washingtonpost.com/politics/2025/01/17/senate-confirmation-hearings-kristi-noem-dhs-secretary/" title="https://www.washingtonpost.com/politics/2025/01/17/senate-confirmation-hearings-kristi-noem-dhs-secretary/">https://www.washingtonpost.com/politics/2025/01/17/senate-confirmation-hearings-kristi-noem-dhs-secretary/</a>

'Ending government control of Fannie Mae and Freddie Mac not likely soon' - Washington Post

President-elect Donald Trump announced plans Thursday to nominate private equity CEO Bill Pulte as director of the <a href="https://www.benzinga.com/topic/housing">Federal Housing Finance Agency (FHFA)</a>. 
What To Know: If Trump&#8217;s selection is confirmed, Pulte will become the top housing regulator, overseeing mortgage giants Fannie Mae (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTCQB">FNMA</a>) and Freddie Mac (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/FMCC#OTCQB">FMCC</a>), which have been in conservatorship since the 2008 financial crisis.
The FHFA is expected to play an integral role in anticipated efforts to return the mortgage giants to the private sector, according to Reuters. 
Trump reportedly took steps to try to remove Fannie Mae and Freddie Mac from government control during his first term. Removing the mortgage giants from conservatorship is expected to be a priority for Trump in his upcoming administration. 
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43035888/donald-trump-reportedly-open-to-us-crypto-reserve-as-bitcoin-reserve-chatter-gathers-steam">Donald Trump Reportedly Open To US Crypto Reserve As Bitcoin Reserve Chatter Gathers Steam</a>
Pulte is the grandson of William Pulte, founder and chairman of U.S. homebuilder PulteGroup.&nbsp;He&#8217;s also known for his philanthropy on social media platform X, where he often gives away money to people in need of financial help.
&#8220;Bill needs no formal introduction to the Great Citizens of our Country, because they have seen, and many have experienced, his philanthropy firsthand. He believes in the incredible potential of our Nation, and will help us restore the American Dream FOR ALL,&#8221; Trump said in a <a href="https://truthsocial.com/@realDonaldTrump/posts/113838912162964211">post</a> on Truth Social. 
Shares of Fannie Mae were down nearly 10% and shares of Freddie Mac were lower by more than 11% at last check, according to <a href="http://pro.benzinga.com">Benzinga Pro.</a> 
Despite Thursday&#8217;s declines, Fannie and Freddie are both up close to 300% over the past three months in anticipation of Trump&#8217;s return to the White House.
Meanwhile, the VanEck Mortgage REIT Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MORT#NYSE">MORT</a>) and IShares Residential And Multisector Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REZ#NYSE">REZ</a>) were both up about 1% at the time of writing. Names like UWM Holdings Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UWMC#NYSE">UWMC</a>) and Rocket Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>) were also higher, last up 2.63% and 0.82%, respectively.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/bonds/25/01/43026749/trumps-tax-cut-plans-could-be-derailed-by-soaring-bond-yields-warns-gop-mortgage-credit-card-rates-auto-loan-are-going-to-continue-to-go-up">Trump&#8217;s Tax Cut Plans Could Be Derailed By Soaring Bond Yields, Warns GOP: &#8216;Mortgage&#8230;Credit Card Rates&#8230; Auto Loan Are Going To Continue To Go Up&#8217;</a></li>
</ul>
Photo: Courtesy of the Library Of Congress.

MORT

iShares FTSE NAREIT Residential PLUS Capped Index Fund

UWMC

Trump Taps Private Equity Investor Bill Pulte To Lead Federal Housing Finance Agency

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas"> many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.
The Nasdaq and S&amp;P 500 ended a five-day losing streak on Friday, but the week closed with the S&amp;P down 0.48%, the Dow losing 0.60%, and the Nasdaq dropping 0.51%.
Rising Treasury yields, including a 30-year high of 4.8%, raised borrowing cost concerns and drove record December outflows from the iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>), as markets carried weak momentum <a href="https://www.benzinga.com/government/regulations/25/01/42796485/goodbye-santa-rally-tesla-falters-on-deliveries-investors-flee-bonds-ahead-of-trumps-second-term-this-week-in-the-market">into the new year.</a>
Meanwhile, the U.S. manufacturing sector showed signs of stabilization in December, with the ISM Manufacturing PMI climbing to 49.3%, its highest since April 2024, though still marking the <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42790042/us-manufacturing-activity-tops-expectations-in-december-rises-to-9-month-highs">ninth consecutive month of contraction.</a>
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
&#8220;<a href="https://www.benzinga.com/24/12/42751367/netflix-posts-record-debut-with-squid-game-season-2-heres-how-many-people-watched-show">Netflix Posts Record Debut With &#8216;Squid Game&#8217; Season 2: Here&#8217;s How Many People Watched Show</a>,&#8221; by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, highlights Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) achieving 68 million views for &#8220;Squid Game&#8221; Season 2 in its first week, setting a company record, alongside NFL Christmas Day games driving additional subscriber engagement.
&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42758813/shytoshi-kusama-clears-the-air-on-shiba-inu-role-memecoin-rivalry-our-drive-was-to-overtake-dogecoin">Shytoshi Kusama Clears The Air On Shiba Inu Role, Memecoin Rivalry: &#8216;Our Drive Was To Overtake Dogecoin&#8217;</a>,&#8221; by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, features Shytoshi Kusama clarifying that Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) was founded by Ryoshi, not him, and sharing the project's early vision to surpass Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>).
&#8220;<a href="https://www.benzinga.com/general/social-media/24/12/42734220/bill-ackman-sends-fannie-mae-freddie-mac-stocks-soaring-trump-likes-big-deals">Bill Ackman Sends Fannie Mae, Freddie Mac Stocks Soaring: &#8216;Trump Likes Big Deals&#8217;</a>,&#8221; by <a href="https://www.benzinga.com/author/erica-kollmann">Erica Kollmann</a>, discusses Bill Ackman's bullish view on Fannie Mae (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>) and Freddie Mac (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FMCC#OTC">FMCC</a>) stocks, citing their potential for large gains as conservatorship could end under Donald Trump's administration, with Ackman highlighting asymmetric upside for investors.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/media/24/12/42709387/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">Benzinga&#8217;s &#8216;Stock Whisper&#8217; Index: 5 Stocks Investors Secretly Monitor But Don&#8217;t Talk About Yet</a>
<a href="https://www.benzinga.com/news/econ-s/25/01/42769181/natural-gas-prices-surge-as-arctic-blast-freezes-us-3-stocks-on-the-move">Natural Gas Prices Surge As Arctic Blast Freezes US: 3 Stocks On The Move</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42777529/goldman-sachs-adds-3-stocks-to-conviction-list-flags-5-market-trends-to-monitor-in-2025">Goldman Sachs Adds 3 Stocks To &#8216;Conviction List,&#8217; Flags 5 Market Trends To Monitor In 2025</a>
The Bears
&#8220;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42777950/teslas-first-sales-drop-splits-wall-street-2025-will-be-the-prove-it-year">Tesla&#8217;s First Sales Drop Splits Wall Street: &#8216;2025 Will Be The Prove It Year&#8217;</a>,&#8221; by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, highlights Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) facing mixed analyst reactions after missing Q4 delivery estimates, with Wedbush's Daniel Ives forecasting a 20%-30% growth rebound in 2025, while Ross Gerber criticized reliance on discounts to boost sales.
&#8220;<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading">Pharma Bro Martin Shkreli Predicts Liquidation Doom For MicroStrategy Amid Fall Below $300, Says Bitcoin Will Hit $250K Without Michael Saylor</a>,&#8221; by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, features Martin Shkreli's warning of potential liquidation for MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) as its stock fell below $300, predicting Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) could hit $250,000 without the influence of its co-founder Michael Saylor.
&#8220;<a href="https://www.benzinga.com/tech/24/12/42699274/boeing-engineers-leave-struggling-planemaker-for-space-companies-report">Boeing Engineers Leave Struggling Planemaker For Space Companies: Report</a>,&#8221; by <a href="https://www.benzinga.com/author/anan-ashraf">Anan Ashraf</a>, highlights talent migration from Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) to firms like SpaceX and Blue Origin as engineer tenures drop, potentially delaying new aircraft development, though Boeing says its voluntary attrition rate remains low with competitive pay and benefits.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/news/global/25/01/42790373/apple-iphones-lose-ground-in-china-as-subsidies-boost-huawei-domestic-rivals">Apple iPhones Lose Ground In China As Subsidies Boost Huawei, Domestic Rivals</a>
<a href="https://www.benzinga.com/general/travel/25/01/42791291/jetblue-fined-2-million-for-chronic-flight-delays-delta-united-rank-among-most-on-time-airlines">JetBlue Fined $2 Million For &#8216;Chronic Flight Delays&#8217;: Delta, United Rank Among Most On-Time Airlines</a>
<a href="https://www.benzinga.com/trading-ideas/short-ideas/22/10/29205954/paul-tudor-jones-correctly-predicted-the-1987-stock-market-crash-heres-what-the-billion">Paul Tudor Jones Correctly Predicted The 1987 Stock Market Crash: Here&#8217;s What The Billionaire Hedge Fund Manager Says Is Coming Next</a>
Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.
Image created using artificial intelligence via Midjourney.

$DOGE

NFLX

iShares Trust Barclays 20+ Year Treasury Bond Fund

Benzinga Bulls And Bears: Tesla, Netflix, MicroStrategy — And Shiba Inu Strives To Outpace Dogecoin In Crypto

U.S. stock markets experienced a downturn today, with the S&amp;P 500 declining by 1.07%. The NASDAQ also saw a decrease, falling by almost 1.2%. The Dow Jones Industrial Average declined almost 1%. Despite these indices in the red, certain stocks captured significant attention from investors.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Federal National Mortgage Association&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>)
Fannie Mae&#8217;s stock surged by 36.14%, closing at $3.39. It reached an intraday high of $3.48 and a low of $2.24, with a 52-week range of $3.65 to $0.93. The stock&#8217;s rise followed comments from Bill Ackman, CEO of Pershing Square, who <a href="https://www.benzinga.com/general/social-media/24/12/42734220/bill-ackman-sends-fannie-mae-freddie-mac-stocks-soaring-trump-likes-big-deals">highlighted the potential</a> for Fannie Mae to exit conservatorship, influenced by the incoming Trump administration.
Boeing Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)
Boeing&#8217;s shares fell by 2.31%, closing at $176.55. The stock hit an intraday high of $178.17 and a low of $170.15, with a 52-week high of $258.59 and a low of $137.03. The decline followed&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42725208/boeing-crash-headlines-rattle-investors-why-the-stock-chart-shows-resilience">news of a tragic crash</a>&nbsp;involving a 737-800 in South Korea, prompting safety inspections of the aircraft.
MicroCloud Hologram Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>)
MicroCloud Hologram&#8217;s stock skyrocketed by 167.08%, closing at $6.41. It reached an intraday high of $7.81 and a low of $3.42, with a 52-week range of $1968 to $1.23. The surge came after the company announced a&nbsp;<a href="https://www.benzinga.com/news/small-cap/24/12/42726137/microcloud-hologram-rockets-with-quantum-leap-details">breakthrough in quantum technology</a>, enhancing control over qubits in a double quantum dot system.
MicroStrategy Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)
MicroStrategy&#8217;s shares dropped by 8.19%, closing at $302.96. The stock recorded an intraday high of $320.01 and a low of $301.75, with a 52-week high of $542.99 and a low of $43.89. The decline followed the <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42723691/microstrategy-drops-209-million-on-bitcoin-in-8-week-buying-blitz">company&#8217;s announcement</a> of a significant Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) purchase, adding 2,138 BTC to its holdings. The transaction was valued at nearly $209 million.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock decreased by 3.30%, closing at $417.41. It reached an intraday high of $427 and a low of $415.75, with a 52-week range of $488.54 to $138.8. The decline occurred as the company prepared to&nbsp;<a href="https://www.benzinga.com/trading-ideas/technicals/24/12/42721312/tesla-stock-takes-a-breather-is-the-rally-losing-charge">report its fourth-quarter delivery numbers</a>, with expectations of 511,000 vehicles delivered.
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42699776/top-2-industrials-stocks-that-may-crash-this-month?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Top 2 Industrials Stocks That May Crash This Month</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Bill Ackman Sets Off Fannie Mae Buzz — Boeing, MicroCloud Hologram, MicroStrategy, Tesla Also On Investors' Radars Today

Fannie Mae (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>) and Freddie Mac (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FMCC#OTC">FMCC</a>) shares soared on Monday afternoon after billionaire investor Bill Ackman touted the<a href="https://www.benzinga.com/markets/24/12/42635629/bill-ackmans-advice-stay-away-from-shorting-stocks-avoid-commodity-sensitive-industries-and-you-do-great"> stocks on social media. </a>
The Details: Ackman, CEO of Pershing Square hedge fund, recommended the stocks as an investment with "large asymmetric upside versus downside" in <a href="https://x.com/BillAckman/status/1873818034428694837">a post</a> on the social media platform X.&nbsp;
Ackman said he sees the potential for Fannie Mae and Freddie Mac to come out of conservatorship in the next two years. Ackman pointed to the incoming Trump administration as a factor making the end of conservatorship more likely for the home lenders. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I am often asked for stock recommendations, but generally don't share individual names unless I believe the risk versus the reward is extraordinarily compelling. As we look toward 2025, one investment in our portfolio stands out for large asymmetric upside versus downside so I…
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1873818034428694837?ref_src=twsrc%5Etfw">December 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Fannie Mae and Freddie Mac were placed under conservatorship in September 2008 in response to the deterioration of the housing market during the 2008 financial crisis. The Federal Housing Finance Agency became the conservator to preserve and conserve the assets and to provide stability to the housing and mortgage markets.&nbsp;
Read Next: <a href="https://www.benzinga.com/24/12/42700819/investors-bet-on-milei-the-argentina-trade">Milei&#8217;s Economic Chainsaw Slashes Inflation As Argentine Stocks Explode 175%</a>&nbsp;
Ackman said that the companies have built $168 billion of capital since 2019 and described this as a "fortress-level of capital for guarantors of fixed-rate, first mortgages to creditworthy, middle class borrowers."&nbsp;
Ackman said he estimates the value of each company at approximately $34 per share, assuming the companies could IPO in the fourth quarter of 2026. He added that he sees the IPOs priced at approximately $31 per share accounting for a 10% discount to their value.&nbsp;&nbsp;
He also pointed to the benefits of ending the conservatorship for the federal government including the removal of approximately $8 trillion in liabilities and the potential to generate more than $300 billion in profits. 
"Trump likes big deals and this would be the biggest deal in history. I am confident he will get it done," Ackman wrote.&nbsp;
FNMA, FMCC Price Action: Fannie Mae shares ended Monday&#8217;s session up 36.14% at $3.39 and Freddie Mac shares closed 33.87% higher at $3.32.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/legal/24/12/42687945/zelle-became-a-gold-mine-for-fraudsters-consumer-financial-protection-bureau-lawsuit">&nbsp;&#8216;Zelle Became A Gold Mine For Fraudsters&#8217;: Consumer Financial Protection Bureau Lawsuit</a></li>
</ul>
Photo: Shutterstock

Social Media

General

Bill Ackman Sends Fannie Mae, Freddie Mac Stocks Soaring: 'Trump Likes Big Deals'

WIIM

Fannie Mae shares are trading higher following comments on the stock from Bill Ackman.

<a href="https://x.com/BillAckman/status/1873818034428694837" title="https://x.com/BillAckman/status/1873818034428694837">https://x.com/BillAckman/status/1873818034428694837</a>
<a href="https://x.com/BillAckman/status/1873818034428694837" title="https://x.com/BillAckman/status/1873818034428694837">https://x.com/BillAckman/status/1873818034428694837</a>

Hedge Funds

Watching Fannie Mae Shares As Bill Ackman Mentions Stock On X

Keefe, Bruyette &amp; Woods analyst Bose George downgrades Federal National Mortgage (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>) from Outperform to Market Perform and raises the price target from $2 to $3.

Keefe, Bruyette & Woods Downgrades Federal National Mortgage to Market Perform, Raises Price Target to $3

If you&#8217;re keen on placing a &#8220;For Sale&#8221; sign in front of your home, research suggests it&#8217;s a smart move.
April 14 through April 20 is &#8220;the best time to sell your home,&#8221; according to <a href="https://www.realtor.com/research/best-time-to-sell-2024/">data</a> from Realtor.com. It&#8217;s the &#8220;peak week nationally&#8221; for sellers to maximize return on investment, or ROI. 
Here&#8217;s why:
<ul>
<li>Mid-April listings get 22.8% more views</li>
<li>Homes sell at a 17% faster rate</li>
<li>Historically, home prices are 1.1% higher this week than the average week throughout the year</li>
<li>And, prices are 10.4% higher this week versus the start of the year.</li>
<li>The national median listing price could reach $7,400 above the average week, and $34,000 more than the start of the year.</li>
</ul>
See Also: <a href="https://www.benzinga.com/real-estate/24/04/38164522/biden-administration-announces-intent-to-add-500-000-starter-homes-to-americas-housing-inventory">Biden Administration To Add 500,000 Starter Homes To America&#8217;s Housing Inventory</a>
<h1 class="wp-block-heading">Not Yet Ready To Sell?</h1>
Don&#8217;t sweat if you&#8217;re not quite prepared to list your digs. Time is on your side. 
Realtor.com reports 53% of home sellers take one month or less to get their home ready to list. And, if you prep now, May and June are also opportune times.
That&#8217;s according to <a href="https://www.attomdata.com/news/market-trends/home-sales-prices/2023-best-days-of-the-year-to-sell-a-home-analysis/">ATTOM</a>, a real estate data provider. From April to June, seller premiums can be 10% or more above market value. 
And the top 16 best days to sell are actually in May, ATTOM claims.
<h1 class="wp-block-heading">When&#8217;s The Worst Time?</h1>
The three slowest months of the year are October, November and December, according to <a href="https://www.attomdata.com/news/market-trends/home-sales-prices/2023-best-days-of-the-year-to-sell-a-home-analysis/" target="_blank" rel="noreferrer noopener">ATTOM</a>.
And, coming out of the winter months, consumer perceptions of both homebuying and home-selling conditions are improving. Both measures have now risen multiple months in a row, the Federal National Mortgage Association (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>), also known as Fannie Mae, reported in March.
The most recent Fannie Mae Home Purchase Sentiment Index (HPSI) is up 10.6 points year over year.
"The housing market will continue to be characterized by high home prices, high financing costs, and a limited number of homes for sale," Bankrate chief financial analyst Greg McBride <a href="https://www.benzinga.com/opinion/24/03/37938028/exclusive-interest-rates-rode-the-elevator-up-but-analyst-predicts-theyll-take-the-stairs-coming-dow">told Benzinga last month</a>.
Rising home prices often reflect a healthy real estate market, which can boost the value of real estate assets held within certain exchange-traded funds (ETFs), such as: Vanguard Real Estate Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNQ#NYSE">VNQ</a>); the Schwab US REIT ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHH#NYSE">SCHH</a>); the Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) and the iShares U.S. Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYR#NYSE">IYR</a>). 
Now Read: <a href="https://www.benzinga.com/news/24/03/37775181/is-trumps-son-in-law-the-new-real-estate-mogul-jared-kushner-commits-500m-to-serbian-project-that-ca">Is Trump&#8217;s Son-In-Law The New Real Estate Mogul? Jared Kushner Commits $500M To Serbian Project That Caught Ex-President&#8217;s Fancy</a>
Photo: Shutterstock

REIT

iShares Trust Dow Jones US Real Estate Fund Index

SCHH

XLRE

Is Your Home For Sale? It's 'Peak Week,' Researchers Say

As former President Donald Trump charges toward the Republican presidential nomination, a surge reminiscent of the meme-stock saga is unfolding in companies <a href="https://www.benzinga.com/topic/donald-trump">tied to the tycoon.</a>
Stocks linked to Trump have experienced significant rallies following his victory in the Iowa primaries, with Phunware Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) and Digital World Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DWAC#NASDAQ">DWAC</a>) soaring by over 400% and 180%, respectively. 
Similarly, PSQ Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSQH#NYSE">PSQH</a>), Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) and mortgage giants Fannie Mae (OTCPK: FNMA) and Freddie Mac (OTCPK: FNMA) have seen gains between 30% and 45% since the year&#8217;s start.
What do these stocks have in common with Trump?
<h3 class="wp-block-heading">The Trump Connection: A Closer Look At The Surging Stocks</h3>
<ul>
<li>Phunware Inc.: Phunware is a software company known for developing a mobile app for Trump&#8217;s 2020 presidential campaign. The company has seen its stock skyrocket following <a href="https://www.benzinga.com/news/24/01/36746416/why-phunware-stock-skyrocketed-today">Trump&#8217;s recent political advancements.</a></li>
<li>Digital World Acquisition Corp.: A special purpose acquisition company (SPAC), DWAC has been in the spotlight for its planned merger with Trump Media &amp; Technology Group. This union, however, has faced regulatory hurdles <a href="https://www.benzinga.com/news/24/01/36739596/trump-linked-digital-world-is-trading-lower-whats-going-on-today">for over two years.</a></li>
<li>PSQ Holdings Inc.: PSQ Holdings, an online marketplace championing &#8220;freedom-loving Americans,&#8221; boasts Donald Trump Jr. as an investor. The company, which reported $3 million in revenue in the first nine months of last year, gained attention when Trump Jr. participated in its NYSE opening bell ceremony last July. </li>
<li>Rumble Inc.: Rumble is a video-sharing platform offering unrestricted content sharing, appealing particularly to conservative voices who have been banned on other platforms. Rumble also formed a technology and cloud-services partnership with Truth Social, Trump&#8217;s social media venture.</li>
<li>Fannie Mae and Freddie Mac: Both mortgage firms are anticipated to benefit under a second Trump presidency. The two have been under government conservatorship since the 2008 financial crisis, and Trump has shown interest in privatizing these firms. Their stocks, currently trading over-the-counter at around $1 each, have garnered attention with the prospect of Trump&#8217;s return to office. Keefe, Bruyette &amp; Woods analyst Bose George recently upgraded Fannie Mae and Freddie Mac from Underperform to Market Perform and said he sees the possibility of a close election as a reason for the near-term climb in the value of the stocks. </li>
</ul>
<h3 class="wp-block-heading">Chart: Price Performance Of Trump-Tied Stocks In 2024</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/23172427/PSQH_2024-01-23_21-03-24_50198-1024x495.png" alt="" class="wp-image-191712" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/23172427/PSQH_2024-01-23_21-03-24_50198-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/23172427/PSQH_2024-01-23_21-03-24_50198-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/23172427/PSQH_2024-01-23_21-03-24_50198-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/23172427/PSQH_2024-01-23_21-03-24_50198-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/01/23172427/PSQH_2024-01-23_21-03-24_50198.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read now: <a href="https://www.benzinga.com/real-estate/24/01/36738633/2-stocks-surging-on-donald-trumps-presidential-bid">2 Stocks Surging on Donald Trump&#8217;s Presidential Bid</a>
Photo via Shutterstock.

Rumors

DWAC

PHUN

PSQH

Trump-Linked Stocks Take Off As He Seeks GOP Nomination For White House

Keefe, Bruyette &amp; Woods analyst Bose George upgrades Federal National Mortgage (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>) from Underperform to Market Perform and raises the price target from $1 to $1.25.

Upgrades

Keefe, Bruyette & Woods Upgrades Federal National Mortgage to Market Perform, Raises Price Target to $1.25

Federal National Mortgage Association (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTCQB">FNMA</a>), commonly known as Fannie Mae, expects the U.S. economy <a href="https://www.benzinga.com/news/large-cap/23/12/36366903/is-lower-inflation-a-green-light-for-2024-interest-rate-cuts-markets-are-ending-the-year-surprised">to decelerate next year.</a>
They forecast GDP to decline slightly in 2024 by 0.3%, followed by 1.7% growth in 2025. In the housing sector, challenges are anticipated to maintain existing home sales at their lowest rate since the Great Financial Crisis. It&#8217;s expected that home sales and mortgage originations will start to recover slowly in 2024.
These forecasts were recently included in the <a href="http://fanniemae.com/research-and-insights/forecast/economic-developments-december-2023">outlook</a> presented by The Economic &amp; Strategic Research (ESR) Group at Fannie Mae.
The Vanguard Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNQ#NYSE">VNQ</a>), the Schwab US REIT ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHH#NYSE">SCHH</a>), the Real Estate Select Sector SPDR ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) and the iShares U.S. Real Estate ETF (IYR) are popular ways to get exposure to equity in the real estate sector.
<h2 class="wp-block-heading">Housing Market&#8217;s Pivotal Transformation</h2>
The housing market in 2024 is expected to experience a significant yet gradual transformation. As the economy slows down, a steady recovery is likely to drive resilience in home sales and mortgage originations.
The prevailing challenges of affordability, lock-in effects, and a scarcity of available housing inventory have conspired to keep existing home sales at their slowest pace. However, against the odds, new home sales have displayed an unexpected resilience in the face of soaring mortgage rates, hinting at an imminent rebound. The recent dip in mortgage rates from their peak in October serves as a promising harbinger for increased sales, although rates remain relatively high on a YoY basis.
Also Read: <a href="https://www.benzinga.com/news/23/12/36395643/tesla-cybertruck-orders-roll-in-majority-buyers-flocking-to-this-option-public-tracker-reveals">Tesla Cybertruck Orders Roll In: Majority Buyers Flocking To This Option, Public Tracker Reveals</a>
<h2 class="wp-block-heading">Glimmer Of Optimism</h2>
Despite the headwinds, Fannie Mae does see reasons for optimism in their forecast. 
Total single-family mortgage originations are anticipated to grow from $1.5 trillion in 2023 to $1.9 trillion in 2024 and further to $2.3 trillion in 2025. This trajectory, fueled by home price appreciation and modest growth in refinance activity, underscores the market&#8217;s resilience and adaptability.
In 2024, the housing market is expected to witness a slow recovery, with total home sales marginally surpassing the figures of 2023. October&#8217;s nadir, with existing sales dropping to an annualized pace of 3.79 million, is likely to mark the trough. While the road to recovery may be gradual, the recent bounce in purchase mortgage applications, coupled with an anticipation of further moderation in mortgage rates, paints a picture of upward momentum.
Surprisingly robust, new home construction is expected to weather the economic downturn with only a slight decline. Homebuyers, acclimated to higher mortgage rates, coupled with the resilience of homebuilders offering concessions, contribute to this unexpected buoyancy. Despite a modest economic contraction, new home sales are projected to hold steady in 2024.
<h2 class="wp-block-heading">The Silver Lining</h2>
The forecasted decline in mortgage rates provides a silver lining, with the average FRM30 rate predicted to average 6.7% in 2024. The lowered interest rate environment contributes to a modest upward revision in existing home sales and new home sales forecasts, injecting a sense of cautious optimism into the market.
While the economic landscape may pose challenges, the housing market in 2024 appears set to navigate the waves of change with resilience. Investors, homebuyers, and industry stakeholders alike are encouraged to approach the year with a measured optimism, prepared to ride the currents of change in the housing market of 2024.
Now Read: <a href="https://www.benzinga.com/markets/equities/23/12/36394175/openai-ceo-sam-altman-wonders-about-interest-rates-when-capitalists-have-more-and-better-ideas-t">OpenAI CEO Sam Altman Wonders About Interest Rates When Capitalists Have &#8216;More And Better Ideas Than Ever Before&#8217;</a>
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Fannie Mae's 2024 Outlook: Housing Market Navigates Challenges With Emerging Resilience

In a recent move, a proposal under the Biden administration aimed at reducing closing costs for certain homeowners has been halted. The proposed plan could have resulted in savings of thousands of dollars for homeowners, but opposition from the industry and lawmakers has led to its discontinuation.
What Happened: According to <a href="https://www.wsj.com/finance/regulation/washington-quietly-scrapped-a-plan-to-save-home-buyers-thousands-of-dollars-03dae13e?mod=hp_lead_pos11">The Wall Street Journal</a>, Fannie Mae (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNMA#OTC">FNMA</a>), a government-run mortgage giant, was set to finalize a program this summer that would have nullified the need for title insurance, a major fixed cost in mortgage closing.
The proposed scheme had plans for Fannie Mae to bear the costs of title insurance for a handful of mortgage refinancings provided by seven or eight lenders. The program had the potential for future expansion to incorporate more lenders and various mortgage types.
See Also: <a href="https://www.benzinga.com/money/what-is-title-insurance" target="_blank" rel="noreferrer noopener">What Is Title Insurance? How Does It Work?</a>
However, the proposal faced significant criticism, mainly from the title and settlement industry, arguing that Fannie Mae did not possess title insurance experience and did not need to take on this new risk, especially considering its financial bailout during the 2007-08 crisis.
Lawmakers from both sides also expressed their disapproval of the project in a House hearing in May. Following instructions from the Federal Housing Finance Agency (FHFA) officials in August, Fannie Mae stopped work on the program without submitting a formal request for its approval.
Why It Matters: The scraping of this proposal comes at a time when the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/11/35898749/us-housing-market-braces-for-affordability-as-mortgage-rates-ease-what-analysts-exp">US housing market braces for affordability</a> as mortgage rates ease and property prices continue to rise, making mortgages increasingly unaffordable for many potential homeowners. The scrapped plan may have provided some relief for homeowners by reducing closing costs.
Fannie Mae is now exploring alternative methods to reduce closing costs. Title insurance, which acts as a guarantee of clear ownership, is required by Fannie and Freddie for the loans they buy from lenders. This requirement makes it a significant part of the closing costs for homeowners.
Read Next: <a href="https://www.benzinga.com/news/23/11/35897532/whats-going-on-with-palantir-stock-tuesday?itm_source=parsely-api" target="_blank" rel="noreferrer noopener"><a href="https://www.benzinga.com/news/23/11/35863341/a-retiree-was-planning-to-pay-1-million-to-live-on-a-luxury-cruise-ship-until-he-changed-his-mind-is?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">A Retiree Was Planning To Pay $1 Million To Live On A Luxury Cruise Ship — Until He Changed His Mind: &#8216;Is</a></a>
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