The Trump administration is weighing selling between 5% and 15% of stock in mortgage buyers Fannie Mae and Freddie Mac in an initial offering that could raise up to $30 billion and be the largest

Billionaire investor Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price.

President Trump's plan to sell shares in mortgage giants Fannie Mae and Freddie Mac at a $500 billion valuation this year is a pipe dream, Keefe, Bruyette & Woods analysts wrote Monday. Driving the news: "We think it is very unlikely that an IPO can be done by the end of 2025,