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Fannie Mae, Freddie Mac may go public: What you need to know
The Trump administration is considering selling the US government's stakes in Fannie Mae (FNMA) and Freddie Mac (FMCC) through a public offering that could raise $30 billion. Yahoo Finance Senior Markets and Data Editor Jared Blikre explains what public trading of the mortgage giants would mean for investors after years of government conservatorship.
And it will mean clarifying exactly what the Trump administration hopes to achieve with the process. The first challenge is ...
Over the weekend President Donald Trump was purportedly preparing to sell some or all of the ~$30 billion in shares of the ...
Shareholders do not deserve this massive windfall and, more importantly, allowing them to profit would raise the risk of ...
Supporters of combining Fannie and Freddie say the move could cut costs and lower mortgage rates. Critics worry about a lack ...
Economist Peter Schiff is sounding the alarm on a potential merger of mortgage finance giants, the Federal National Mortgage ...
KBW analyst Bose George maintained a Sell rating on Freddie Mac today and set a price target of $4.50. The company’s shares closed last Friday at $7.24. Take advantage of TipRanks Premium at 50% off!
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