Posted on 08/10/2025 10:43:07 AM PDT by E. Pluribus Unum
President Donald Trump and his team are reportedly preparing to sell shares of Fannie Mae and Freddie Mac, which are government-backed companies that support the housing market by making home loans more stable and affordable. This sale would be a significant move, potentially involving a large amount of stock, and could have a significant impact on the mortgage industry and the overall economy.
On Saturday, President Trump seemed to confirm The Wall Street Journal’s report that he intends to take Fannie Mae and Freddie Mac public by the end of this year. He shared an AI-generated image on Truth Social showing himself at the New York Stock Exchange, featuring the phrases “MAGA LISTED NYSE” and “The Great American Mortgage Corporation,” along with a date marked November 2025. However, the report also mentioned that the plan is still under consideration, with Trump exploring different possibilities. Still, the White House estimates that selling up to 15 percent of Fannie Mae and Freddie Mac’s shares could generate around $30 billion, potentially making it the largest IPO ever.
During the 2008 financial crisis, both Fannie Mae and Freddie Mac faced severe financial troubles and were placed under government conservatorship, meaning the federal government took control to keep them afloat. Since then, these companies have been essentially government-run, with the Treasury holding large stakes in them. Trump and his economic team are now looking to sell off some of the government’s shares in Fannie Mae and Freddie Mac, a process often called “privatization” or “stock sale.” The move is considered historic because it would mark a significant step toward returning these mortgage giants to private ownership after years under federal control. The goal would be to reduce government involvement in the housing finance system, potentially increase market efficiency, and...
(Excerpt) Read more at townhall.com ...
Yes, please. Get the government out of the mortgage business. As a matter of fact, other than printing it, get it out of the money business.
As I read this I think the important point is market oversight instead of just govt oversight.
There will still be corruption but more light to shine on the corruption.
Student loans too. Let Haaaavard take the $200,000 risk of cranking out DEI graduates.
Get us out of the Student Loan Business. Whoever started that should be hung by the toes.
While you’re at it - get the government the hell out of the student loan business! Taxpayers are on the hook for $1.6T, and having federal loan guarantees only gives borrowers political leverage (via Democratic legislators who want to pander to borrowers) and distorts the choices that students make about what fields to study (i.e., subsidizes women’s studies and critical-whatever-studies.) Clean this up!
I think that was ohblahblah.. There are many other reasons to hang him from his toe nails as well.
That would be…obama
Is https://www.pgpf.org/article/why-did-the-federal-government-get-involved-in-student-loans/
Sell the student loans back to the banks and let the deadbeats be motivated.
Could have a significant impact on the mortgage industry.
Gouging governor good idea.
I second that. No more offers to make tax payers cover it.
Putting public money one the stock market will simply be taken by AI trading. It’s nothing more than putting money in the pockets of traders who use AI. There are a number of weakness created by AI including password based encryption. The worst idea ever.
The problem with Freddie and Fanny is the houses they paid for aren’t worth what is owed, and Privatization means the taxpayers take a heavy loss there would be no chance of recovering.
Long overdue.
“The problem with Freddie and Fanny is the houses they paid for aren’t worth what is owed, ”
No.
They buy the mortgage loans from the banks after a lender makes the loans .
Ideally they take the loans off the banks balance sheets.
The loans are turned in mortgage backed securities and investors like insurance companies buy those securities .
Actually it’s a good system
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