President Trump on Wednesday evening said he is seriously considering taking mortgage giants Fannie Mae and Freddie Mac public. The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee a majority of US mortgages. Recall that government-sponsored Fannie and Freddie were placed under conservatorship in 2008. The Federal Housing Finance Agency (FHFA) took control over the two mortgage giants during the 2008 liquidity crisis. President Trump said Fannie and Freddie are doing well and throwing off a lot of cash. “I am giving very serious consideration to bringing Fannie Mae and Freddie Mac public. I will be speaking with Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, and the Director of the Federal Housing Finance Agency, William…
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