FMCC

Investor Michael Burry, famous for predicting the 2008 housing crash, continues to hold large stakes in Fannie Mae and Freddie Mac despite weak stock charts and a struggling housing market. Observers are debating his reasoning, with speculation centring on a potential government restructuring or privatization of the mortgage giants that could unlock value. Critics point to deteriorating technicals, while supporters see a deep-value contrarian play on the long-mooted reform of the government-sponsored enterprises.