Fannie Mae, Freddie Mac rally as Ackman presses for conservatorship exit
- Fannie Mae and Freddie Mac shares rallied as Ackman renewed his push for release.
- Both companies have remained in federal conservatorship since 2008.
- The terms and timing of any exit remain unresolved.
Shares in Fannie Mae and Freddie Mac rallied on 3 November as investor Bill Ackman renewed his call for the US government to release the mortgage finance companies from conservatorship. Ackman, whose Pershing Square has held shares in both companies for more than a decade, argued that an…