Bill Ackman’s $300 Billion Fannie Mae (FNMA) and Freddie Mac (FMCC) Plan: What It Means for Investors on November 19, 2025
Bill Ackman unveiled a plan to restructure Fannie Mae and Freddie Mac, proposing a NYSE relisting, formal bailout repayment, and a 79.9% taxpayer equity stake. He opposes the Trump administration’s push for a traditional IPO. Fannie and Freddie back about half of U.S. residential mortgages. Shares surged over 7% on Ackman’s announcement.
