Freddie Mac, Fannie Mae Stocks Soar
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In a post on Truth Social, Trump said he was "giving very serious consideration" to the spin-off and would decide in the near future. He added he would speak on the matter with Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Federal Housing Finance Director William Pulte and others.
President Donald Trump announced on Wednesday that he plans to decide soon whether or not to privatize Fannie Mae and Freddie Mac and make them public companies. […]
Trump: Time would seem right to take Fannie Mae, Freddie Mac public. Nike plans to sell on Amazon again, for first time since 2019. AT&T snaps up Lumen's consumer fiber business for $5.75B.
President Donald Trump said he is weighing taking mortgage giants Fannie Mae and Freddie Mac public more than 15 years after the government seized control of the two companies, which are at the center of the nation’s housing-finance system.
The 30-year fixed-rate mortgage rate is now projected to end 2025 at 6.1% and decline further to 5.8% by the end of 2026.