Trump Considers Public Offering for Fannie Mae and Freddie Mac

Reported about 15 hours 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

View details

You may also interested in these wikis

Back to all Wikis