The supervisor of Trump, Freddy, the public subscription derives attention from banks: sources to Bartiromo

Many Wall Street banks wear the president Donald Trump About dealing with the initial public offering (IPO) of the F and Faridy Mac, the sources told Maria Bartopiromo of Fox Business Network.

Bartopero mentioned Friday morning in “Morning with Maria” This, “Wall Street Banks is now being raised to President Trump now because they want Vanie and my unknown business if this is going.”

“My sources told me that there are a number of banks visiting the White House to try to make President Trump to give them businesses to capture, so Mai again while selling their shares,” Bartopiromo said.

She said: “I can confirm that Bank of America and its leadership in the Oval Office last week. City Group and its leadership was in the Oval Office last week,” she said.

The American organizer FANNIE MAE, Freddie Mac directs to consider the encoded currency as a origin

Bartiromo stated that the deal is expected to occur in the fall or winter of 2025 and that the administration focuses on obtaining a return on its investments in Fanny and Faridi, instead of collecting capital for entities.

Bartopiromo said that the initial sale of the government share in Fanny and Faridy Mac may reach 30 billion dollars or more. This amount will be almost The size of the public subscription From ARAMCO Saudi Arabia, which brought revenue more than $ 29 billion.

BESSENT Treasury says that reforming the ability to afford the housing costs will be one of its “big projects” this fall

The subscriptions discussed the potential subscriptions during the Thursday episode of “Al -Sabah with Maria” during an interview with Treasury Secretary Scott Bessin, who said, “It will depend on the volume of the share and comprehensive evaluation of companies.”

“We are examining all options in terms of how to follow up. We have had a lot of upcoming banks. The president is very involved in this. Housing market It is clear that it is very important in the United States, we have a cost -to -affordable crisis. “

“There are two pieces here, Maria: How can we maximize the value of the American taxpayer with Fanni and Faridi? On the other side, how can we maintain mortgage rates – he said between real estate bets and the treasury – flat or even dropping that to address the crisis of the ability to bear the terrible costs of housing that developed during the Biden administration,” said Besent.

Trump is considered to take the mortgage giants, Fani May and Faridi Mac Public

Fanny and Faridy Mac are government -sponsored institutions that play a major role in Mortgage market By providing liquidity to lenders and ensuring many real estate loans in the United States, which reduces the risk of lenders and investors.

Fannie and Freddie buys real estate loans from lenders or their contract within their governorates, or the collection of these loans in mortgage -backed securities (MBS) that can be sold to investors. The National Association of Real Estate Mediators noted that it supports about 70 % of the American mortgage market through this process.

The two entities were created under Congress covenants and were operated as private companies until the housing market deteriorated in 2007-2008 The financial crisis This threatened Fanny and Faridy Mac, which prompted the establishment of a 191 billion dollar rescue plan.

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Vanie and Faridi were transferred to keeping pace with the Federal Housing Finance Agency in 2008 amid the financial crisis to reduce losses, install operating structures for companies and finish the preservation in the end by re -escaping them.

The two Companies sponsored by the government He has since returned to profitability. Congress Research Service noted that Fanny and Faridi paid profits of more than $ 301 billion in the Treasury Treasury as of July 2020.