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The placement might occur as soon as 2025. It is anticipated that its volume will reach around $30 billion, while the agencies’ worth is estimated at $500 billion or higher.
The government anticipates selling 5-15% of the shares of Fannie Mae and Freddie Mac.
A definitive choice has not been reached, and Trump is still considering alternatives, according to a source from Bloomberg. Recently, the president has listened to the views of the leaders of major banks regarding the execution of the deal.
The US government established the Fannie Mae mortgage agency in 1938 to enhance access to mortgage loans for individuals with low incomes. Freddie Mac emerged in 1979 during the growth of this sector.
In September 2008, during the crisis, the Federal Housing Finance Agency assumed control of Fannie Mae and Freddie Mac.
source: bloomberg.com
The government anticipates selling 5-15% of the shares of Fannie Mae and Freddie Mac.
A definitive choice has not been reached, and Trump is still considering alternatives, according to a source from Bloomberg. Recently, the president has listened to the views of the leaders of major banks regarding the execution of the deal.
The US government established the Fannie Mae mortgage agency in 1938 to enhance access to mortgage loans for individuals with low incomes. Freddie Mac emerged in 1979 during the growth of this sector.
In September 2008, during the crisis, the Federal Housing Finance Agency assumed control of Fannie Mae and Freddie Mac.
source: bloomberg.com
