FICO shares dropped after Senator Josh Hawley launched a Senate investigation into massive increases in mortgage credit score prices—from $0.60 to $10—hurting first-time homebuyers.
Bill Ackman lobbies Trump officials to retire $370B govt stake in Fannie Mae & Freddie Mac, calling it his top 2026 idea for massive Treasury gains and shareholder wins.
Fannie Mae and Freddie Mac shares hit 1-year lows in March, down ~70% in 6 months as investors doubt Trump administration's privatization plans and IPO timeline.
Major banks are competing for lead roles in what could be history's largest IPO as Trump administration plans to take Fannie Mae and Freddie Mac public, with Goldman Sachs, JPMorgan, and others vying for position.
