Fannie\, Freddie Soar as Hedge Funds Score Wins on Two Fronts

Fannie, Freddie Soar as Hedge Funds Score Wins on Two Fronts
A Freddie Mac in-house award sits in an office at the company’s headquarters in McLean, Virginia, U.S. (Photographer: Andrew Harrer/Bloomberg)

Fannie, Freddie Soar as Hedge Funds Score Wins on Two Fronts

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(Bloomberg) -- Fannie Mae and Freddie Mac soared the most in almost three years Monday as hedge funds that have long hoped to make a windfall on their investments in the mortgage giants got a doubl...