Freddie Mac (FMCC) and Fannie Mae (FNMA) stocks surged this week amid speculation that the Trump administration is loosening ...
The Federal Housing Finance Agency, led by its director, William Pulte, ousted 14 members of the boards of Fannie Mae and ...
The stocks of Freddie Mac and Fannie Mae are once again surging amid new signs that the Trump administration could be ...
Bill Pulte installed himself as the chair of the boards for both companies as the potential for privatization looms large.
One proposal could see Donald Trump’s proposed sovereign wealth fund become a major player for the mortgage giants.
The Trump administration is reportedly interested in privatizing Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC), which have been under government control since the 2008 financial crisis.
Trump allies are also considering a bold plan to transfer the government’s stake in Fannie and Freddie — estimated at more ...
It could unleash tens of billions in fresh capital for housing construction — but also drive mortgage rates a lot higher.
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