This Hedge Fund Giant Predicts Slow End To Fannie’s, Freddie’s Conservatorships

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Michelle deBoer-Jones
Published on
Updated on
Hedge funds which have been cashing in on Fannie Mae’s and Freddie Mac’s preferred shares have been virtually chomping at the bit in anticipation of both GSEs exiting conservatorship. Most fund managers seem to be expecting a swift end to their conservatorships—after more than 10 years, that is. However, one fund predicts that things may not wrap up as quickly as most are hoping.

Q1 hedge fund letters, conference, scoops etc

Angelo Gordon’s AG Mortgage Value Partners fund, represented by Michael Gordon, Yong Joe and Thomas Durkin, was up 2.69% for the first quarter. They updated their view on Fannie Mae and Freddie Mac in their Q1 letter, which was reviewed by ValueWalk.

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.