Fannie Mae

US-backed mortgage giant Fannie Mae cuts more than 62 jobs across departments

It says it must eliminate positions that are not core, or otherwise, to mortgages and new home sales

Bill Ackman, who has held stakes in Fannie and Freddie for more than a decade, said the merger would also reduce the cost and risks of government oversight.

Billionaire investor Bill Ackman proposes combining Fannie Mae and Freddie Mac

[WASHINGTON] Billionaire investor Bill Ackman in an X post on Sunday (Aug 10) suggested merging US government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would help reduce mortga...

Shares of both Fannie Mae and Freddie Mac have surged as much as 22% in Friday trading, the most in more than two months. 

Fannie, Freddie US$30 billion IPO being weighed for this year

[WASHINGTON] The Trump administration is considering selling shares of Fannie Mae and Freddie Mac in an offering that could start as early as this year, according to senior administration officials. 

Hedge funds and other investors have called for the government to release the two entities from conservatorship.

Trump says Fannie Mae to keep US guarantee as public firm

The companies, which play a crucial role in the market for mortgage-backed securities, have been under government conservatorship since the 2008 financial crisis

Advocates for privatising Fannie Mae and Freddie Mac say it would promote competition and move risk from taxpayers to private investors.

Trump mulling privatising Fannie Mae and Freddie Mac

The move could ease a longstanding issue, boosting investors but raising mortgage rates

Fannie and Freddie were created by US Congress and operate as for-profit corporations with private shareholders, with the mission of expanding the national home lending market by buying home loans from private lenders and repackaging them as mortgage-backed securities.

Trump allies are working on plans to privatise Fannie and Freddie: WSJ

ALLIES of Republican US presidential candidate Donald Trump and bankers have been discussing plans on ending US government control of the mortgage-finance firms Fannie Mae and Freddie Mac if he wins t...

The goal is to give investors who buy MBS more visibility into the underlying mortgages.

Fannie Mae’s new mortgage-scoring system aims to lift MBS demand

Fannie Mae is selling agency mortgage backed securities (MBS) designed to appeal to socially minded investors, as the mortgage giant looks to draw more buyers into the market to help fill a void left ...