✉news BusinessReal Estate first seen 20 d ago, last 5 d ago, peak #13
Michael Burry Sticks With Fannie Mae and Freddie Mac Bets
Original: Why Michael Burry Still Holds FNMA, FMCC Stocks Despite ‘Terrible’ Charts And A Creaky Housing Market
Investor Michael Burry, famous for predicting the 2008 housing crash, continues to hold large stakes in Fannie Mae and Freddie Mac despite weak stock charts and a struggling housing market. Observers are debating his reasoning, with speculation centring on a potential government restructuring or privatization of the mortgage giants that could unlock value. Critics point to deteriorating technicals, while supporters see a deep-value contrarian play on the long-mooted reform of the government-sponsored enterprises.
Why now: Burry's persistence in holding the mortgage giants despite bearish housing signals is fuelling speculation about imminent reform or privatization of Fannie Mae and Freddie Mac.
Michael BurryFannie MaeFreddie MacUS housing market
Rank over time, top of the chart is #1. 3 snapshots from 5 d ago to 5 d ago.
Evidence
- Why Michael Burry Still Holds FNMA, FMCC Stocks Despite ‘Terrible’ Charts And A Creaky Housing Market · Stocktwits
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