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Fannie-Freddie Share Rallies Go Unchecked Amid Analysts’ Doubt

Jan. 22, 2019, 5:29 PM

Analysts are casting a skeptical eye on reports the Trump Administration is working on a proposal that would recommend freeing the mortgage-finance giants Fannie Mae and Freddie Mac from government control.

Those doubts are, for now, however, showing few signs of curbing share gains: Fannie is extending the Friday, Jan. 18, rally to rise 18 percent in early trading Jan. 22, while Freddie gained more than 16 percent. Both are at the highest since December 2017.

Here’s a sample of what some analysts are saying:

Compass Point, Isaac Boltansky

There’s “an enormous difference between the promise of a plan...

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