In a post on Truth Social, President Trump stated: “Our great Mortgage Agencies, Fannie Mae (FNMA) and Freddie Mac (FMCC), provide a vital service to our Nation by helping hardworking Americans reach the American Dream – Home Ownership. 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. These Agencies are now doing very well, and will help us to, MAKE AMERICA GREAT AGAIN!”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FNMA:
- FHFA director Pulte says ‘still not happy’ with FICO, will make ‘decisions’ soon
- BTIG says PennyMac Financial remains attractive as GSEs rally on Trump tweet
- Fannie and Freddie Float Could Net U.S. Government $250B
- Trump Trade: Trump’s revised tax bill clears the House
- Fannie Mae Announces Tender Offers for CAS Notes
