Bill Ackman Calls Trump’s Plan for Fannie-Freddie IPO Not ‘Feasible nor Desirable’ — Here’s His Solution

Bill Ackman calls Trump’s plan for Fannie-Freddie IPO not ‘feasible nor desirable’ — here’s his solution

Pershing Square Capital Management founder Bill Ackman said Tuesday that proposals to sell a piece of the mortgage agencies Fannie Mae and Freddie Mac in an initial public offering is not possible in the short term.

Ackman says taxpayers could reap $300B under his plan for Fannie Mae, Freddie Mac

Billionaire investor Bill Ackman unveiled a plan on Tuesday he says would help the Trump administration meet its goals for Fannie Mae and Freddie Mac, the two giant mortgage companies still under government control since the 2008 financial crisis.Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises that sit at the heart of the U.S. housing-finance system.…

Bill Ackman says Fannie, Freddie IPO is far from ready (update) (FNMA:OTCMKTS)

Updates at 3:29 p.m. ET: adds Bill Ackman's comments on what he thinks could be done to accelerate a Fannie, Freddie IPO in the third, fourth and fifth paragraphs. Billionaire investor Bill Ackman said Tuesday that mortgage titans Fannie Mae ( Quick Insights The need for support from market…

Financial News Network - Ackman says taxpayers could reap $300B under his plan for Fannie Mae, Freddie Mac

Bill Ackman proposes $300 billion plan to return Fannie Mae and Freddie Mac to public trading, making taxpayers majority owners of mortgage giants.Read More …

Ackman proposes three-step plan for Fannie Mae and Freddie Mac

Bill Ackman, the billionaire founder of Pershing Square Capital Management, proposed on Tuesday a three-step plan for Fannie Mae and Freddie Mac that could still be completed this year, while labeling a stock offering as “not feasible.” Ackman’s plan begins with an agreement letter between the U.S. Department of the Treasury and the Federal Housing Finance Agency (FHFA) that addresses repayment of the senior preferred stock, followed by Treasury…

'Not The Right Time': Ackman Urges Trump To Delay Fannie, Freddie IPO, Offers Alternative

Fannie Mae and Freddie Mac’s largest common shareholder doesn’t want the mortgage giants to be released from government oversight, at least not yet.  Pershing Square CEO Bill Ackman, whose firm owns 210 million shares of the government-sponsored entities, outlined his vision for them on X Tuesday morning.  Fannie Mae and Freddie Mac have a long list of governance issues that need to be addressed prior to any initial public offering, according to…