Fannie Mae and Freddie Mac, government-sponsored enterprises, remain under conservatorship since the 2008 financial crisis despite profitability. Recent market reactions to Donald Trump's election suggest Wall Street anticipates a push to end this conservatorship due to Trump's backing from influential investors. This speculation gained traction after Trump expressed intentions to consider making these entities public. Such changes could significantly affect mortgage rates, raising concerns for housing stakeholders about future market stability and affordability.
Ending the conservatorship of Fannie Mae and Freddie Mac could lead to increased mortgage rates, raising concerns among housing stakeholders.
Wall Street reacted positively to Trump's election, factoring in a greater likelihood of Fannie Mae and Freddie Mac being released from conservatorship.
Collection
[
|
...
]