WASHINGTON, May 27 (Reuters) - U.S. President Donald Trump said on Tuesday that the U.S. government will retain its mortgage guarantees and oversight role for Fannie Mae FNMA.PK and Freddie Mac FMCC.PK as he works to take the U.S. mortgage finance firms public. "I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the U.S. Government will keep its implicit GUARANTEES, and I will stay strong in my position on overseeing them as President," Trump said in a post on Truth Social.
The United States Treasury owns preferred shares in the firms and warrants to purchase about 80% of their common stock, a holdover from a rescue during the 2008 housing loan crisis."These Agencies are now doing very well," Trump said on Tuesday, referring to Fannie Mae and Freddie Mac. Fannie FNMA.PK, formally known as the Federal National Mortgage Association, and Freddie FMCC.PK, the Federal Home Loan Mortgage Corp., operate as for-profit firms with private shareholders.
(Reporting by Caitlin Webber and Rocky Swift; editing by Costas Pitas)
((caitlin.webber@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。