“If they're going to move more aggressively into borrowers with lower credit quality, for example, to achieve a political objective, that's going to have an impact on trillions of dollars outstanding mortgage securities,”

Bill Ackman · said date not stated · reported 2026-11-03

Ackman warned that pushing Fannie and Freddie into lower-credit-quality lending for political objectives would impact trillions of dollars in outstanding mortgage securities.