Enjoy complimentary access to top ideas and insights — selected by our editors. A number of observers have speculated about how the prospective release of Fannie Mae and Freddie Mac from government conservatorship will impact the residential mortgage market and mortgage loan costs. The good news is that the two GSEs will benefit dramatically from […]
How Fannie Mae, Freddie Mac release could change mortgage costs Read More »
Clifford Rossi speaks from the vantage point of someone who has been inside the government-sponsored enterprises (GSEs). In different periods during the 1990s and 2000s, he served as a senior financial economist at Fannie Mae and as senior director of single-family risk management at Freddie Mac. Rossi was among the earliest advocates of merging the
Ex-GSE risk chief makes case for Fannie-Freddie merger Read More »
In the debate over whether Fannie Mae and Freddie Mac should merge, the Mortgage Bankers Association (MBA) has remained consistent: “We don’t think that would be a good idea,” chief economist Mike Fratantoni said. The trade group supports a stock offering that preserves stability in the secondary mortgage market while advocating for privatization with an
MBA opposes GSE merger, supports explicit government guarantee Read More »
Edge One Capital has disclosed its stake in Fannie Mae and Freddie Mac, calling the government’s prolonged control of the mortgage giants the “largest shareholder rights violation in U.S. history.” It’s also proposing a road map to return them to private ownership without the consequence of higher mortgage rates. The Raleigh, North Carolina–based investment firm’s
Shareholder Edge One Capital proposes Fannie-Freddie exit without higher rates Read More »
The oversight agency for two government-sponsored enterprises sent out an image from President Trump over the weekend depicting a public offering for some of their shares near term but experts question the timing. The illustration from President Trump’s Truth Social post, like some others he’s posted around his policy initiatives, is designed to depict an
President Trump envisions November launch for mortgage IPO Read More »
On Saturday, President Donald Trump seemed to acknowledge reporting by The Wall Street Journal on Friday that he plans to IPO Fannie Mae and Freddie Mac by the end of this year. Trump posted an AI image on Truth Social of him at the New York Stock Exchange with the words: MAGA LISTED NYSE and
Trump seems to confirm 2025 timing for Fannie, Freddie IPO Read More »
Analysts are tempering expectations after reports that the Trump administration aims to sell shares of Fannie Mae and Freddie Mac by the end of 2025 at a combined valuation of $500 billion — more than double some market estimates. They’re concerned about the feasibility of completing all necessary steps by year’s end. Meanwhile, the federal
Trump’s GSE stock offering plan challenged by analysts Read More »
The Trump administration is reportedly aiming for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac later this year. According to The Wall Street Journal, which spoke to sources familiar with the situation, the Trump administration is preparing to sell stock in Fannie and Freddie. Sources told the outlet
Trump plans IPO for Fannie, Freddie later this year Read More »
President Donald Trump appears to be taking another step to bring Fannie Mae and Freddie Mac out of conservatorship, according to reporting by Bloomberg on Thursday. The president has invited the leaders of some of the country’s biggest banks, including JP Morgan Chase CEO Jamie Dimon, Goldman Sachs Group CEO David Solomon, and Bank of
Trump meets with big bank CEOs to talk about taking the GSEs public: Bloomberg Read More »
President Donald Trump is bringing in bank leaders to meet with him one by one at the White House. Beyond the economic discussion, there’s a chance at a big payday for their firms. Trump is asking for chief executive officers for their pitches on monetizing mortgage giants Fannie Mae and Freddie Mac, including a major
Trump asks bank CEOs to pitch on Fannie, Freddie stock offerings Read More »