U.S. stock market anomaly | Fannie Mae (FNMA.US) fell nearly 12% in two consecutive trading days, a cumulative drop of 20%
According to Zhuo Tong Financial APP, on Thursday, Fannie Mae (FNMA.US) fell by nearly 12%, hitting its lowest level since August 8, with a cumulative 20% decline over two trading days. In terms of news, it was reported that sources revealed that Fannie Mae supervisors are investigating whether Mark Calabria, the director of the Federal Housing Finance Agency appointed by Trump, improperly obtained mortgage loan records of key Democratic officials, including the New York Attorney General. Sources said that the investigation into Calabria has been escalated to the inspector general and has been referred to prosecutors.
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