Filed under: Investing
Shares of Fannie Mae and Freddie Mac had a wild ride in 2013, as both ended the year up nearly 1000% as investors regained confidence that shareholders may ultimately receive a share of the companies' profits. Now, changes are brewing atop Fannie and Freddie's conservator, the FHFA. Mel Watt, a lifetime Democrat, is now leading the agency and could make some big changes.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson are joined Motley Fool One analyst Morgan Housel to discuss how Watt could potentially be a good and bad thing for shareholders.
Make 2014 your year
There's a huge difference between a good stock, and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report: "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.
The article Is This Man Good or Bad News for Fannie Mae and Freddie Mac Investors? originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. Fool contributor Morgan Housel has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.