Freddie Mac is trading at $4.42, up 7.02%, with Trump’s Kansas investment announcement a potential catalyst for November 2.
- Trump said Freddie Mac and Fannie Mae would invest $4.3 billion in Kansas home mortgages in 2027 to help 15,000 homebuyers; Reuters reported the announcement. No official implementation details were reported.
- Third-quarter net income: $3.2 billion, up 17% year over year; net revenues: $6.8 billion, up 19%. October 29 results were followed by a prior-day rally.