georgemiller
Publish Date: Tue, 27 May 2025, 22:48 PM

WASHINGTON, May 27 (Reuters) - U.S. President Donald Trump said on Tuesday that the U.S. government will retain its mortgage guarantees and oversight role for Fannie Mae (FNMA.PK) , opens new tab and Freddie Mac (FMCC.PK) , opens new tab as he works to take the U.S. mortgage finance firms public. "I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the U.S. Government will keep its implicit GUARANTEES, and I will stay strong in my position on overseeing them as President," Trump said in a post , opens new tab on Truth Social.
The United States Treasury owns preferred shares in the firms and warrants to purchase about 80% of their common stock, a holdover from a rescue during the 2008 housing loan crisis. "These Agencies are now doing very well," Trump said on Tuesday, referring to Fannie Mae and Freddie Mac. Fannie (FNMA.PK) , opens new tab, formally known as the Federal National Mortgage Association, and Freddie (FMCC.PK) , opens new tab, the Federal Home Loan Mortgage Corp., operate as for-profit firms with private shareholders.
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https://www.reuters.com/business/finance/trump-says-us-retain-oversight-guarantees-fannie-mae-freddie-mac-spinoff-2025-05-27/