Article Summary
Former President Donald Trump announced on Truth Social that he is considering bringing Fannie Mae and Freddie Mac public once again. These government-backed entities have been under government control since the 2008 financial crisis. Trump plans to meet with several individuals and make a decision in the near future. Fannie Mae and Freddie Mac have been performing well financially, with significant net worth as of the first quarter of 2025.
What This Means for You
- Be prepared for potential changes in the housing market if Fannie Mae and Freddie Mac are privatized.
- Stay informed about any decisions made regarding the future of these entities, as they play a significant role in the housing industry.
- Consider the potential impact on your investments or financial planning if the privatization of Fannie Mae and Freddie Mac occurs.
- Keep an eye on the housing market’s stability and potential shifts in mortgage rates due to these potential changes.
Original Post
In a message posted on Truth Social Wednesday night, Trump said “I am giving serious consideration to bringing Fannie Mae and Freddie Mac public.”
He added that he would be meeting with Pulte, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick and “making a decision in the near future. Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right. Stay tuned!”
Fannie Mae and Freddie Mac are publicly traded entities, but have been under government control since the 2008 financial crisis and the bulk of its stock is owned by the federal government. In effect, removing them from conservatorship would be privatizing the entities, and there are plans on the books to do so, though they are controversial.
Fannie Mae’s net worth reached $98.3 billion as of the first quarter of 2025. Freddie Mac’s net worth stood at $62.4 billion.
Key Terms
- Fannie Mae
- Freddie Mac
- Privatization
- Housing Market
- Government-Backed Entities
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