The Trump administration is preparing a potential stock sale of mortgage giants Fannie Mae and Freddie Mac that could raise around $30 billion later this year, according to people familiar with the matter. The offering could value the companies at $500 billion or more combined, with between 5% and 15% of their stock sold.
- Potential combined valuation: $500B+
- Proposed sale: 5%–15% of stock in Fannie Mae and Freddie Mac
- Unclear if IPO would list companies jointly or separately
- Fannie and Freddie have been under federal control since 2008
- CEOs of six major U.S. banks met with Trump to discuss plans
- Government holds warrants for ~80% of common stock in both firms
- No final decision on whether firms will remain under conservatorship
Relevant Companies
- Fannie Mae (FNMA) – Potentially part of one of the largest stock offerings in history.
- Freddie Mac (FMCC) – Could be offered alongside Fannie Mae in the planned sale.
Editor’s Note: This is a developing story. This article may be updated as more details become available.