Reported 2 days ago
The Trump administration is reportedly planning initial public offerings (IPOs) for Fannie Mae and Freddie Mac later this year, aiming to sell between 5 and 15% of their stock, which could value the companies at around $500 billion. The details of whether they will IPO together or separately remain uncertain, as does their future under government conservatorship since the 2008 financial crisis. The timeline for this complicated transaction is still debated among experts, though shares for both entities have seen positive reactions.
Source: YAHOO