The US government is considering an executive order that may lead to the privatization of two major home loan giants, Fannie Mae and Freddie Mac. According to a report by the Wall Street Journal, a person familiar with the matter confirmed that President Trump’s administration is exploring this possibility.
Federal Housing Finance Agency Director Bill Pulte and Treasury Secretary Scott Bessent mentioned that any privatization efforts would need to consider how they may affect mortgage rates. If approved, the potential directive could task federal departments with investigating this initiative further.
Source: https://www.bloomberg.com/news/articles/2025-03-23/trump-admin-eyed-move-to-privatize-fannie-freddie-wsj-says