Waterstone Capital Reduces Fannie Mae Short Right Before Big Drop – ValueWalk Premium
Fannie Mae Common Securitization Platform Fannie Mae Mortgage Insurance

Waterstone Capital Reduces Fannie Mae Short Right Before Big Drop

Bill Ackman, Bruce Berkowitz, and other investors who are long on Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) have gotten most of the attention as GSE reform has become a bigger part of the news cycle, but after a year of rising share prices, in the face of a government promise that dividends will never be paid . . .

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