Commerce Secretary Howard Lutnick hinted at allowing investors to buy shares in Fannie Mae and Freddie Mac by year-end, emphasizing the goal of keeping home prices affordable. Fannie and Freddie have been under federal control since 2008, purchasing mortgages from lenders and selling them to investors with a federal guarantee.

Federal Housing Finance Agency Director Bill Pulte mentioned a potential $30 billion IPO, allowing shareholders to buy limited shares with the government retaining a stake. Pulte stated the decision is not rushed, and President holds the decision-making power, estimating around a 5% buy-in.

The Financial Times reported the FHFA rehired previously fired employees in preparation for a potential Fannie and Freddie public offering. This move comes as the government considers allowing investors to purchase shares in the government-owned housing giants, aiming for the largest IPO in history.

Read more at Yahoo Finance: Fannie Mae, Freddie Mac may sell shares to investors in 2025