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Benzinga
Benzinga
Business
Chris Katje

Trump Mulls Fannie, Freddie Share Sale—Backed By Bill Ackman

Bill Ackman Fannie Freddie Donald Trump Fannie Mae Freddie Mac Bill Pulte
Large,Residential,Homes,In,Southwest,Florida,Gated,Community.,American,Houses

Mortgage giants Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) may be on the path out of government conservatorship, as a new report builds on earlier signals from President Donald Trump about plans to return the firms to public ownership.

What Happened: Fannie Mae and Freddie Mac have been under government conservatorship since the 2008 financial crisis, and their true value has remained a subject of debate among policymakers and investors like Bill Ackman in the years since.

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