Sentiment Trading

Shares of Freddie Mac surged in premarket trading after President Trump announced plans to take the mortgage giant public, while ensuring the US government retains oversight and implicit guarantees.

US President Donald Trump has announced plans to take Fannie Mae and Freddie Mac public, a move that could bring increased transparency and efficiency to the housing finance system, while maintaining government oversight and guarantees.

Freddie Mac is a key player in the US housing market, facilitating the flow of capital and mortgage credit through its purchase and investment of residential mortgage loans.

Freddie Mac’s shares experience volatility due to political commentary and strategic financial maneuvers, as the company navigates the complexities of potential privatization and market expectations.