Reported 27 days 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