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!”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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