
Billionaire Bill Ackman delivered some sobering news for investors hoping to see Fannie Mae (FNMA) and Freddie Mac (FMCC) go public soon. Speaking on X, formerly Twitter, earlier this week, the hedge fund manager made clear these mortgage giants aren't close to ready for an IPO, even though the Trump administration has floated the idea of taking them public by late 2025 or early 2026.