The Big Big Money Show panel ‘discusses the Federal Housing Official Pelting Official Pelting Pourting’ concept of ‘making loans affordable’ to sell homes and revive the housing market.
Billionaire Hedge Fund Manager BILKMME said it will unveil a new proposal next week involving Fannie Mae and Freddie Mac, the financial institutions that defaulted on the 2008 financial crisis.
Ackman said in a post on x that his plan would allow the The Trump administration “Achieving all its objectives of increasing the number of taxpayers, eliminating the risk of collateral spread increases, and enabling the US treasury to reflect its market value in two parts.”
Trump’s 50-year mortgage could burden America with more debt, experts say
Bill Ackman, Chief Executive Officer of Pershing Square Capital Management LP, speaks during the WSJ D.Live Global Technology Conference in Laguna Beach, California on Tuesday, Oct. 17, 2017. (Patrick Fallon/Bloomberg/Getty Images/Getty Images)
Ackman said the Livestream, scheduled for Tuesday, November 18 at 10:30 am et, will present the proposal in detail. He added that the transaction could be completed before the end of the year, “Meeting the expectations of all stakeholders.”
He also aimed to clarify the market’s assumptions, saying that Saving Square “did not sell our platform to these two companies” and remains the largest shareholder, more than 210 million shares combined.
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Earlier this year, Ackman proposed folding Fannie Mae and Freddie Mac into a single entity to cut costs and lower prices, an idea he said would lower the housing system and stock prices.
What are Fannie Mae and Freddie Mac?
Fannie Mae offices in Reron, Virginia on Tuesday, Aug. 12, 2025. (Al Dragon/Bloomberg/Getty Images/Getty Images)
Fannie Mae (Federal National Refercation Association) and Freddie Mac (Federal Home Loan Loans) are government-sponsored businesses that sit at the heart of the US housing finance system.
Instead of making home loans directly from lenders, they buy loans from banks and those lenders, intending to secure and guarantee those securities for investors.
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This process provides lenders with strong capital to make new loans, keeping loan credit flowing and strong stable rates across the country.
Fannie Mae was created in 1938 at the right time to expand Home Coomership by establishing a secondary mortgage market. Thirty years later, Freddie Mac was created to encourage competition and add liquidity to that same market.
Freddie Mac headquarters in McLean, Virginia on Tuesday, Aug. 12, 2025. (Al Dragon / Bloomberg / Getty Images / Getty Images / Getty Images)
The duo now account for half of all US public funds, representing $12 trillion in outstanding debt.
Their reigns also put them at the center of the 2008 financial crisis, when both suffered bad loan losses.
The federal government responded by placing itself under the conservatives through the Federal House Finance Agency, where they remain today.
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An “open” sign in front of a home for sale in the foothills of Los Angeles, California on July 13, 2025. (Eric Thayer/Bloomberg/Getty Images/Getty Images)
Ackman’s announcement comes as the Trump Administration is exploring new ways to make housing more affordable, including a proposed 50-year mortgage, as critics warn of a potential 50-year mortgage.
Whether or not the effort to achieve gains will determine how the next phase of US policy balances costs, liabilities, risks and tax exposures.
