Democrats seek transparency into Fannie, Freddie 'reprivatization'
The Trump administration has assured industry groups that a stable housing finance system and low mortgage rates are a 'North Star' in their plans, but Dems complain they've been shut out
Lutnick told CNBC on Sept. 11 that while an offering of Fannie and Freddie shares could take place this year, the government would not be looking to sell much of its stake.
Instead, a secondary offering would serve as a useful “mark to market” — demonstrating how much shares in the companies are worth to private investors.
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