Fannie Mae (FNMA)

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MARKETS
Fannie, Freddie Poised to Keep Profits in an Initial Privatization Move
Forthcoming agreement would pause yearslong arrangement in which profits went to Treasury Department
By Andrew Ackerman
Sept. 22, 2019 9:00 am ET
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INDIANAPOLIS—Mortgage-finance companies Fannie Mae and Freddie Mac are expected to start keeping their earnings as early as this week, pausing a yearslong arrangement in which they handed nearly all of their profits to the Treasury Department.

The move, in an expected agreement between the Trump administration and their federal regulator, would be an initial major step in allowing the companies to build up capital so they can operate as private companies again.

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