Ackman, whose Pershing Square fund owns stakes in Fannie Mae and Freddie Mac, has benefited as their share prices have risen since the government began considering a privatization.
Bill Ackman proposes $300 billion plan to return Fannie Mae and Freddie Mac to public trading, making taxpayers majority owners of mortgage giants.
Billionaire hedge fund manager Bill Ackman will unveil a new proposal next week for Fannie Mae and Freddie Mac to help the Trump administration maximize taxpayer value.
Federal Home Loan Mortgage Corporation (OTCQB:FMCC) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Christopher Spina James Whitlinger - Executive VP & CFO Presentation Christopher Spina Good morning, and thank you for joining us for a presentation of Freddie Mac's Third Quarter 2025 Financial Results. I'm Chris Spina, Vice President of Public Relations and Digital Communications.
Freddie Mac (FMCC) is undervalued, offering a compelling entry point as the government prepares to end its conservatorship. FMCC's upside hinges on the likely forgiveness of senior preferred stock and the government's exercise of warrants, resulting in dilution but improved balance sheet. Current valuation implies a fully diluted P/E under 5, making FMCC attractive for long-term investors willing to wait for resumed dividends.
Despite the recent spike in Fannie Mae's and Freddie Mac's stock prices, it is not too late to buy. The recent comments from Bill Pulte make it clear that I was too conservative with my previous valuation. The Senior Preferred Stock could be converted into common equity, clearing up the capital structure and improving capital ratios.
President Donald Trump has floated idea of selling off parts of the two mortgage giants in a public offering.
The Trump administration's plans to hold an IPO for Fannie Mae and Freddie Mac are drawing interest from several Wall Street banks, FOX Business' Maria Bartiromo reported.
President Trump signed an order extending the China tariff truce for 90 days, according to CNBC. Trump reportedly wants mortgage giants Fannie Mae and Freddie Mac to start selling shares in a public offering.
Billionaire investor Bill Ackman in an X post on Sunday suggested merging US government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price.
Billionaire investor Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie Mac, suggesting the move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price.
The Trump administration is planning to take Fannie Mae and Freddie Mac public later this year, according to a report from the Wall Street Journal. The potential transaction could involve selling between 5% and 15% of their stock, valuing the companies at roughly $500 billion.