Fannie, Freddie $30 Billion IPO Being Weighed for This Year (3)

The Trump administration is considering selling shares of Fannie Mae and Freddie Mac in an offering that could start as early as this year, according to senior administration officials.

The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock with an offering expected to raise about $30 billion.

No final decision has been made and President Donald Trump is still weighing his options, one official said. The Wall Street Journal earlier reported the news.

Shares of both Fannie Mae and Freddie ...