|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.46 - 6.72|
|52 Week Range||3.00 - 11.00|
|PE Ratio (TTM)||-209.37|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Shares of Fannie Mae and Freddie Mac are up by 70% since Donald Trump won the presidential election.
The regulator for U.S. housing finance giants Fannie Mae and Freddie Mac told the two firms on Wednesday to provide more support to low-income Americans taking out mortgages and refinancing home loans. The Federal Housing Finance Agency released goals for the two government-controlled firms for 2015-2017 that would advance agency chief Mel Watt's aim to widen access to housing credit. The rules direct Fannie Mae and Freddie Mac to expand the number of loans they back for low-income families to 24 percent of the their purchases of single-family home mortgages over the period, up from a target of 23 percent in 2014.