Bill Ackman's Bold Plan for Fannie Mae and Freddie Mac

Bill Ackman, a well-known hedge fund manager, is about to share his new ideas for Fannie Mae and Freddie Mac. He plans to talk about this during an online event. Ackman thinks his plan will help the government get the most out of these companies. He also believes it will keep mortgage rates stable and make it easier to see how much the Treasury's investment is worth. Ackman's company, Pershing Square, owns a lot of shares in both Fannie Mae and Freddie Mac. In fact, they own over 210 million shares combined. He hopes to wrap up a deal soon, maybe even before the end of the year. This would make everyone involved happy, according to him. Earlier this year, Ackman suggested merging Fannie Mae and Freddie Mac into one company. He thought this would cut costs and lower mortgage rates. He also believed it would make the housing finance system simpler and more valuable for shareholders. The Trump administration is also looking for ways to make housing more affordable. They are even considering a 50-year mortgage. But some people worry this could lead to more debt for borrowers in the long run. Ackman's new proposal could change the housing market and how Fannie Mae and Freddie Mac work. His previous idea to merge the two companies was about making things simpler and cheaper. If this new plan is accepted, it could have a big impact on housing finance and the people involved.