$FNMA $FMCC
Michael Burry says Fannie Mae, Freddie Mac relisting 'nearly upon us'
Dec. 08, 2025 NMA) and Freddie Mac (FMCC) shares advanced on Monday after "Big Short" investor Michael Burry wrote up a deep dive on the two mortgage giants and their possible relisting.
FNMA gained 1.4% in midafternoon trading, while FMCC increased 1.8%.
“There remains a final steep, windy and rocky climb to IPO for both," Burry wrote in a 6,000-word post on Substack. "The deeper the fund of historical knowledge, the stronger the analytic foundation, the better the result will be for the investor,” he added.
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