Opendoor (OPEN) Stock Surges 12% After Trump’s $200B Mortgage Bond Plan

TLDR President Trump announced plans to purchase $200 billion in mortgage bonds using Fannie Mae and Freddie Mac cash reserves to lower mortgage rates Opendoor (OPEN) stock jumped 12.1% in after-hours trading on the news, while Offerpad Solutions surged 58% The rally came one day after OPEN stock plunged on Trump’s proposed ban on institutional [...]

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