Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) have dropped about 70% over six months, reaching their lowest level in over a year amid doubts about the Trump administration’s plans to sell more stock to the public, Bloomberg’s Felice Maranz and Scott Carpenter report. Optimism for a 2025 IPO faded as attention shifted to other priorities and rising mortgage rates may deter officials from pursuing a share offering that could affect housing affordability and government support perceptions, the report notes.
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