US President Donald Trump is exploring the possibility of making Fannie Mae and Freddie Mac publicly available to investors through an initial public offering (IPO). This move would give the government-owned entities more financial flexibility, allowing them to invest in mortgage-backed securities and other assets. As a result, shares in both Fannie and Freddie have seen significant gains following news of Trump’s intentions. The IPO could potentially provide a major boost to the US housing market, but its impact on the overall economy remains uncertain.
Source: https://www.barrons.com/articles/fannie-freddie-public-offering-trump-pulte-8cd8fc74