Published May 21, 2025 9:27pm EDT By Louis Casiano FOXBusiness
Trump considers taking
mortgage giants Fannie Mae and Freddie Mac public.
President says mortgage giants 'throwing off a lot of cash' as admin weighs major housing market shift.
Freddie Mac and Fannie Mae Chair Bill Pulte discusses the state of the housing market under President Donald Trump during an appearance on 'Mornings with Maria.'
President Donald Trump on Wednesday said he was giving "serious consideration" to bringing government-sponsored mortgage giants Fannie Mae and Freddie Mac public.
In a Truth Social post, Trump said he would speak with Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Federal Housing Finance Director William Pulte about doing so.
"Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right. Stay tuned!" he wrote.
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The move would be a massive one for the housing market, which backs trillions of dollars in mortgages.
In February, Bessent said the release of Fannie and Freddie from government control would depend on mortgage rate implications.
"The priority for a Fannie and Freddie release, the most important metric that I'm looking at, is any study or hint that mortgage rates would go up," he told Bloomberg.
The Trump administration has
considered issuing an executive order on housing that could include directing
departments to study the privatization of Fannie and Freddie, the Journal
reported.
Norb Leahy, Dunwoody GA Tea Party Leader
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