Fannie and Freddie Mac may be coming out of conservatorship

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A draft report on the two housing-finance companies was expected in June, but the Trump administration is wary of roiling the housing market before the 2020 election

Washington — The long-awaited Trump administration plan for freeing Fannie Mae and Freddie Mac from federal control has been sent to top officials at the White House and various government agencies, a sign that the report will soon be released publicly, according to people familiar with the matter.

The report will address ways to rebuild Fannie and Freddie’s capital, as well as their path out of conservatorship, one of the people said. But it is unlikely to discuss potential initial public offerings , which is one way to raise capital that some officials have previously discussed, the person said.

In March, the administration announced a revived push to end the conservatorships of Fannie and Freddie Mac, which the companies entered in 2008 during the collapse of the housing market. Since their takeover, law makers have repeatedly failed to agree on an overhaul of the companies that would end government control.

 

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