Lutnick says that Fannie, Freddie Ipo ‘could be this year’
“Now, do we want to sell a lot? No. What we want to do is show a mark-to-market, good, [where] The president shows that these are assets that we – the American taxpayers – possess and look at how much they are worth and how well they perform. And what we want to do is keep the price of a house mortgage as low as mathematical as possible. “
Lutnick said that only a small part of the mortgage giants, who have been under Federal Conservatory since the 2008 financial crisis, would be sold to the public.
“I think a deal will be closed. I think we will take the company publicly. I think we’re going to sell it. … could possibly be the largest IPO in history, anyway? But only a small percentage of these companies. And we will show the American taxpayers that they don’t think they own, but we own them.
https://www.youtube.com/watch?v=grotu7DZQ84
The IPO rumors were first reported by the Wall Street Journal on 8 August. Only a day later did Trump seem to confirm the report and placed an AI image Truth Social from him at the New York Stock Exchange With the words: “Maga mentions nyse” and “The Great American MortGage Corporation”, along with a date of November 2025.
The idea of a merger has collected feedback from mixed industry. In a blog post Thursday, Mortgage banking association President and CEO Bob Broeksmit emphasized the benefits of staying separate and competitive of Fannie and Freddie.
“The competition between Fannie Mae and Freddie Mac is central to their success in offering liquidity and stability to the mortgage market,” wrote Broeksmit. “Creating a monopoly registered by the government would reduce innovation, purchase the service to market participants and increase the systemic risk by concentrating the business financing activities within a single entity.”
Others, such as Clifford Rossi a former senior financial economist at Fannie Mae and a senior director of single-family risk management at Freddie Mac defend the merger. Rossi told Housing In August it is not logical to have entities that ‘nothing more than a great use of financial market’ that compete on price.
