Pulte’s Dual Role Puts Fannie-Freddie IPO Plans on Hold
Fannie Mae and Freddie Mac shares fell after Trump named Bill Pulte as acting Director of National Intelligence. His new dual role delays expected IPO plans for the mortgage giants.
Fannie Mae and Freddie Mac shares fell after Trump named Bill Pulte as acting Director of National Intelligence. His new dual role delays expected IPO plans for the mortgage giants.
FICO shares dropped after Senator Josh Hawley launched a Senate investigation into massive increases in mortgage credit score prices—from $0.60 to $10—hurting first-time homebuyers.
Bill Ackman lobbies Trump officials to retire $370B govt stake in Fannie Mae & Freddie Mac, calling it his top 2026 idea for massive Treasury gains and shareholder wins.
Fannie Mae and Freddie Mac shares hit 1-year lows in March, down ~70% in 6 months as investors doubt Trump administration's privatization plans and IPO timeline.
Major banks are competing for lead roles in what could be history's largest IPO as Trump administration plans to take Fannie Mae and Freddie Mac public, with Goldman Sachs, JPMorgan, and others vying for position.