RECENT BLOG POSTS
Fannie Mae and Freddie Mac have seen their valuations climb in the days since the Federal Housing Finance Agency finalized the capital rule for them. Common shares of both government-sponsored enterprises climbed more than 30%, while their preferred shares increased by more than 10%.Q3 2020 hedge...
12/09/2020
Despite being battered by the pandemic, short-term rentals on vacation homes have surged. While traditional hotels and vacation clubs seem to struggle to keep their doors open, companies such as Airbnb, Luxury Retreats, and HouseTrip are receiving more interest and bookings. Sparse finances mean ...
12/09/2020
Could Congress get involved in the efforts to free Fannie Mae and Freddie Mac from conservatorship? A letter that was sent by two senators to Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency Director Mark Calabria suggests it might.Q2 2020 hedge fund letters, conferences and m...
11/06/2020
In recent weeks, former Freddie Mac CEO Don Layton wrote two monographs about Fannie Mae and Freddie Mac privatization and GSE reform. Analyst Dick Bove of Odeon Capital read those monographs and set out what he thinks must happen to provide the best possible results for investors.Q3 2020 hedge f...
11/06/2020
One of the reasons to invest in Fannie Mae and Freddie Mac is because they will soon be out of government control in the form of their conservatorships. However, there’s no denying that Fannie Mae and Freddie Mac will remain under some level of government control because of their prominent place ...
11/05/2020
 Analyst Dick Bove of Odeon Capital has long been arguing against buying the common shares of Fannie Mae and Freddie Mac, but his latest argument in favor of housing reform could offer reasons to buy those common shares. He believes Fannie Mae and Freddie Mac will be strengthened next year becaus...
11/05/2020
When it comes to investing in real estate, many people see it as a gamble. You're essentially betting that the market will go up and that you can turn a profit by buying and selling or renting out a particular property. However, when you're making a bet on real estate, hopefully you're not gambli...
10/30/2020
Some have argued that if President Donald Trump loses the election, Fannie Mae and Freddie Mac will be left in conservatorship instead of recapitalized and released. However, Tim Pagliara of CapWealth Advisors has argued that even if Joe Biden wins the election, he believes the government-sponsor...
09/28/2020
Since the pandemic hit, a temporary break has turned into an economic struggle for survival for many businesses. As expected, the hospitality business feels the effects of this new state of affairs with full force. In the U.S., all key performance indicators in the hotel industry, such as average...
09/23/2020
One of the steps in the process to recapitalize and release Fannie Mae and Freddie Mac from conservatorship is to hold stock offerings. However, one analyst who has been critical of the Federal Housing Finance Agency and its director, Mark Calabria, for a long time believes those offerings have b...
09/17/2020