Overview
- Director Bill Pulte said on X that the administration is opportunistically evaluating taking Fannie Mae and Freddie Mac public as early as the end of 2025.
- He highlighted the scale of the mortgage giants, noting they hold more than $7 trillion in assets and are being managed with a focus on cost discipline.
- OTC shares of Fannie Mae and Freddie Mac rose after the posts, with Benzinga reporting gains of about 7.8% and 4.3%, respectively, on Monday.
- Community lender groups CHLA and ICBA asked FHFA and Treasury to allow limited GSE MBS purchases only when spreads are elevated, with caps of up to $300 billion per GSE to potentially lower mortgage rates by roughly 30–35 basis points.
- Debate continues over structural options, including unconfirmed ideas such as a unified listing, while Pulte separately announced he will donate his FHFA salary to wounded veterans.