Trump plans IPO for Fannie Mae, Freddie Mac later this year
Briefly

Fannie Mae and Freddie Mac may be valued over $500 billion, with plans to sell 5% to 15% of stock. The IPO could involve single or dual entity offerings. These firms, under government control since the 2008 housing crisis, may remain in conservatorship despite being publicly traded. President Trump has consulted leaders of major banks about taking the companies public while ensuring a safe process. Their financial performance appears strong, raising possibilities for the American Dream.
Government officials are valuing Fannie Mae and Freddie Mac at over $500 billion and plan to sell 5% to 15% of their stock, exploring IPO options.
The future of Fannie Mae and Freddie Mac remains uncertain regarding their conservatorship status, even with plans for a possible IPO in the works.
President Trump engaged top banking leaders for input on publicly listing Fannie Mae and Freddie Mac, emphasizing safety and soundness in the potential transition.
Federal Housing Finance Agency Director Bill Pulte noted that under Trump's leadership, Fannie Mae and Freddie Mac could safely unleash opportunities for Americans to achieve the American Dream.
Read at www.housingwire.com
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