Trump Considers Public Offering for Fannie Mae and Freddie Mac

Reported about 1 month ago

U.S. President Donald Trump announced that he is seriously contemplating taking mortgage finance firms Fannie Mae and Freddie Mac public. In a Truth Social post, he indicated he will consult with key advisors and noted that the firms are performing well financially, which might make this a suitable time for the move. These companies, placed under government conservatorship after the 2008 housing crash, aim to stimulate the housing market by securitizing home loans.

Source: YAHOO

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