Billionaire investor Bill Ackman floats plan to relist mortgage giants on the New York Stock Exchange this year, but says it's too soon for the government to sell any of its stake
The Trump administration has assured industry groups that a stable housing finance system and low mortgage rates are a 'North Star' in their plans, but Dems complain they've been shut out
Survey shows most Americans are concerned that privatizing the mortgage giants might lead to higher mortgage rates, with Democrats and independents most likely to be worried
Impact on rates depends on the structure of rumored IPO. Whatever the plan, the Trump administration has stacked the boards at the mortgage giants with its supporters
Lawmakers want assurances that privatizing the mortgage giants or taking them public won't drive mortgage rates up, or put investor profits 'over the homes of millions of Americans'
Shares in mortgage giants tumble as investors weigh whether the Trump administration is more interested in mining Fannie and Freddie's profits than privatizing them
Promise that the government will maintain 'implicit guarantees' of the companies' obligations suggests that what Trump has in mind is monetization, not privatization
President says he's giving 'very serious consideration' to bringing companies public, and investors are hoping that whatever plan emerges will generate a windfall for them
Some experts are intrigued by the idea floated by Treasury Secretary Scott Bessent, saying it could help put the mortgage giants on sound footing without boosting mortgage rates
In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO