tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Trump tells Fannie Mae, Freddie Mac to get homebuilders ‘going,’ Reuter says

President Donald Trump urged Fannie Mae (FNMA) and Freddie Mac (FMCC) to “get Big Homebuilders going,” accusing the U.S. builders of “sitting on 2 Million empty lots, a RECORD,” Reuters reports. It is not yet clear what action Trump expects the builders or mortgage giants to take. Publicly traded companies in the homebuilding space include Beazer Homes (BZH), D.R. Horton (DHI), Hovnanian (HOV), KB Home (KBH), Lennar (LEN), M.D.C. Holdings (MDC), PulteGroup (PHM) and Toll Brothers (TOL).

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1