Trump Administration Considers IPO for Mortgage Giants

In a move that could reshape the housing finance landscape, the Trump administration is reportedly gearing up for an initial public offering (IPO) of Fannie Mae and Freddie Mac later this year. According to the Wall Street Journal, this ambitious plan could see the mortgage giants raising approximately $30 billion, with a combined valuation soaring to $500 billion or more.

Details of the Proposed IPO

The administration is currently weighing the sale of 5% to 15% of the companies' stock. A key point of discussion among officials is whether to proceed with a joint IPO or to offer shares of each entity separately. This decision could have significant implications for investors and the housing market at large.

Sources close to the matter indicate that while the plan is still under review, the potential for such a massive public offering has already sparked widespread interest and speculation within financial circles.