The Trump administration is considering an initial public offering for Freddie Mac and Fannie Mae, which may raise about $30 billion. This IPO could collectively value the two mortgage giants at $500 billion, involving a sale of 5% to 15% of their stock. President Trump has assured that federal guarantees will still apply to both companies as they transition to public entities. This action has possible implications for the housing market, including effects on mortgage rates and credit access, while uncertainties remain around future government regulations post-IPO.
President Donald Trump's administration is considering selling stock in Freddie Mac and Fannie Mae through an initial public offering. This move is expected to generate around $30 billion.
The proposed IPO could value Freddie Mac and Fannie Mae at $500 billion collectively, with plans to sell 5% to 15% of their stock.
Trump emphasized that federal guarantees would remain in place for Freddie Mac and Fannie Mae during their IPO process.
The potential IPO may significantly impact the housing market, influencing mortgage rates, access to credit, and overall market stability.
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