Federal National Mortgage Association FNMA, aka Fannie Mae, shares were trading up 2.09% to $10.77 Wednesday afternoon following an announcement and a statement from President Donald Trump.

What to Know: Shares gained Wednesday after Trump said he was working on taking the housing giants (including Freddie Mac) public, while clarifying that the U.S. Government would retain its implicit guarantees.

Trump, in a Truth Social post late Tuesday, expressed his intent to “TAKE THESE AMAZING COMPANIES PUBLIC” and emphasized his continued oversight as president.

Separately, Fannie Mae announced the launch of its AI-powered Crime Detection Unit in partnership with Palantir Technologies Inc PLTR. This collaboration is set to enhance Fannie Mae’s fraud detection capabilities using leading AI-enabled financial crimes data science.

The company believes this new platform will detect and prevent mortgage fraud with unprecedented speed and precision, ultimately saving the U.S. housing market millions in future losses.

Fannie Mae Chairman William J. Pulte stated, “In partnership with Palantir, Fannie Mae's Crime Detection Unit will increase safety and soundness by rooting out bad actors in our housing system.” Palantir's CEO Alex Karp called the partnership a “revolution in how we combat mortgage fraud in this country.”

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How To Buy FNMA Stock

Besides going to a brokerage platform to purchase a share — or fractional share — of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, for Federal National Mortgage, it is in the Financials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, FNMA has a 52-week high of $11.91 and a 52-week low of $1.02.

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