Fannie Mae is trading 4.16% up at $5.26, with no clear company-specific catalyst identified for the rebound.
- It fell 9.01% to $5.05 on September 15.
- The Federal Housing Finance Agency directed Fannie Mae to align mortgage-insurance cancellation guidance with Freddie Mac.
- Investors remain focused on elevated mortgage rates and the Federal Reserveβs September 16 decision.