Fannie Mae, Freddie Mac Shares Climb After Bessent Remarks on Release (FNMA:OTCMKTS)

Fannie Mae, Freddie Mac shares climb after Bessent remarks on release (FNMA:OTCMKTS)

Fannie Mae (FNMA) and Freddie Mac (FMCC) stocks jump on hints conservatorship could end and IPO stakes may follow.

Federal Housing Chief Signals Administration May Skip Fannie, Freddie IPOs - The MortgagePoint

President Donald Trump will make the final decision on whether an IPO will be issued for Fannie Mae and Freddie, but Bill Pulte’s comments denote a recent shift in how Trump administration officials have discussed selling stock in the two GSEs.

FHFA's Pulte on Fannie-Freddie IPO: 'We Don't Have to Do That'

Federal Housing Financial Agency Director Bill Pulte appears to have muddied the waters on whether the Trump administration is moving ahead with an initial public offering for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC).