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Fannie Mae, Freddie Mac possible IPO: What it means for investors
The Trump administration could sell its stake in Fannie Mae (FNMA) and Freddie Mac (FMCC) through a public offering. Whalen Global Advisors chairman Chris Whalen joins Market Domination to share his take on the proposed initial public offering (IPO) and what it means for investors.
Don’t fix what is not broken,” Libby Cantrill, Pimco’s head of public policy, wrote in a note to clients earlier this week.
The Trump administration wants an IPO for Fannie Mae and Freddie Mac sometime this year, according to the Wall Street Journal. What sounds like privatization would likely not really be privatization, ...
A government-sponsored enterprise and companies that sell them are making modern houses more affordable in line with larger ...
The valuation and timeline are seen as overly optimistic, with some estimates at half the proposed figure ahead of a planned IPO this year.
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