Fannie, Freddie Stock Woes Deepen as IPO Questions Mount (1)

Shares of Fannie Mae and Freddie Mac extended days-long losing streaks amid mounting unease about the impact of President Donald Trump’s policy moves on efforts to release the mortgage-finance giants from government control.

Fannie and Freddie common stock both sank around 12% in Friday trading, closing at the lowest levels since August. Fannie fell for a fifth day, and Freddie dropped for a seventh day. Both stocks have tumbled more than 40% from peaks reached in September, but still remain up almost 60% from year-ago levels.

Optimism about upcoming IPOs had fueled notable2025 gains for the two companies, which ...