Fannie, Freddie IPO could happen this year, Lutnick says; shares climb (FNMA:OTCMKTS)

Core Viewpoint - U.S. Commerce Secretary Howard Lutnick indicated that government-sponsored enterprises Fannie Mae and Freddie Mac may go public as early as this year, leading to a rise in their share prices during midday trading [3]. Group 1 - Fannie Mae and Freddie Mac are being considered for a public offering, which could occur within the current year [3]. - The announcement has positively impacted the stock performance of both mortgage giants, with shares of Fannie Mae experiencing an increase [3].