US President Donald Trump has proposed privatizing Fannie Mae and Freddie Mac, two major mortgage lenders that have been under government control for nearly two decades. As a result, their stock prices have surged to their highest levels in 16 years.
Fannie’s shares rose by 51% on the strongest performance since August 2009, while Freddie’s stocks jumped 42% for its best day since September 2019. The significant increase was driven by heavy volume, which pushed both companies’ stock prices beyond their pre-housing crash levels in 2008.
Source: https://www.bloomberg.com/news/articles/2025-05-22/fannie-freddie-shares-soar-as-trump-again-floats-privatization