Bill Ackman Ignores The Warning On Fannie Mae, Freddie Mac – ValueWalk Premium

Bill Ackman Ignores The Warning On Fannie Mae, Freddie Mac

Back in 2012, Bill Ackman had some suggestions for Federal National Mortgage Association (OTCBB:FNMA) a.k.a. Fannie Mae. The hedge fund manager, known for his aggressive activism, said that Fannie Mae could do well for the housing sector if it held on to its foreclosed homes rather than selling them, he said, "fix them up and rent them and become a residential REIT that owns homes."

Today, Ackman's hedge fund filed two 13Ds

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