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Pathikrit Bose

Dear Fannie Mae Stock Fans, Mark Your Calendars for November 18

Fannie Mae Bill Ackman FNMA Freddie Mac GSEs the US Treasury

The destiny of mortgage financiers Fannie Mae (FNMA) and Freddie Mac (FMCC) is set to get some clarity after billionaire investor and CEO of investment management firm Pershing Square, Bill Ackman, revealed that he will propose a transaction through a livestream on Nov. 18 that will lead to higher shareholder value for the two government-sponsored enterprises (GSEs).

In a post on X (formerly Twitter), Ackman said his plan, if implemented, "will enable the @realDonaldTrump Administration to achieve all of its objectives of maximizing value for taxpayers, eliminating the risk of mortgage spreads widening, and enabling the U.S. Treasury to demonstrate a mark-to-market value for its shareholdings in the two companies."

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