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Berkowitz Bets $1.3B On Fannie Mae and Freddie Mac

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HFA Staff
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A recent 13F filing by Bruce Berkowitz’s Fairholme Capital Management LLC shows he has a stake worth $1.3B in Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) and Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA), the two housing GSEs.

His holdings are valued at $134.45M for the common and $1.17B for the preferred stock of the companies, according to the filing.

Berkowitz Bets $1.3B On Fannie Mae and Freddie Mac
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