Trump is looking for solutions while all Democrats do is lie.
Billionaire investor Bill Ackman is preparing to unveil a major new housing-finance proposal, and it could deliver one of the most significant wins yet for the Trump administration as it works to lower costs for American families and protect taxpayers.
Ackman announced on X that his upcoming plan would allow President Donald Trump to maximize taxpayer value, stabilize mortgage rates, protect the housing market from volatility, and finally reveal the true market value of the federal government’s massive stake in Fannie Mae and Freddie Mac. These two companies—central to the U.S. mortgage system—have been under federal conservatorship since the 2008 financial crisis.
Ackman will reveal the full proposal live on Tuesday, Nov. 18 at 10:30 a.m. ET, saying the plan could be implemented by year-end, delivering fast, measurable results for homeowners, lenders, and taxpayers.
He also shut down rumors about his company’s position in the housing giants, confirming that Pershing Square has not sold a single share and remains their largest common shareholder with more than 210 million shares. The statement added fuel to the growing interest around what many investors believe may be a transformational shift in the mortgage-finance system under President Trump.
Why Ackman’s Proposal Matters for Homeowners and Taxpayers
Earlier this year, Ackman floated the idea of merging Fannie Mae and Freddie Mac into a single streamlined institution—reducing duplicated costs, cutting bureaucratic waste, and potentially lowering mortgage rates for millions of Americans. Supporters of Trump’s housing agenda say this could finally modernize a system that has been stuck in government control for nearly two decades.
A more efficient mortgage-finance structure could:
- Lower long-term mortgage costs
- Strengthen the housing market
- Reduce taxpayer exposure
- Bring transparency to $12 trillion in government-backed mortgages
- Help more middle-class families buy a home
For many older Americans who watched the 2008 collapse devastate retirement accounts, any reform that reduces risk and protects home values is a welcome development.
What Exactly Are Fannie Mae and Freddie Mac?
Fannie Mae and Freddie Mac are government-sponsored enterprises that sit at the center of the American mortgage system. They don’t make loans directly. Instead, they purchase mortgages from banks, bundle them into securities, and guarantee those products for investors.
This process ensures lenders always have cash to issue new loans, keeping mortgage credit available nationwide. Here’s the quick overview:
- Fannie Mae, created in 1938, expanded homeownership during the New Deal.
- Freddie Mac, created in 1970, increased competition and added liquidity.
- Together, they back or own around half of all residential mortgages in the United States—roughly $12 trillion in total.
Their size also made them central to the 2008 financial crisis, when both companies suffered heavy losses and were placed under federal conservatorship. They remain there today, even as the housing market continues to face high prices, tight inventory, and rising demand from younger buyers.
The Trump Administration’s Big Housing Push
Ackman’s announcement comes as the Trump administration explores bold new tools to make housing more affordable, including a historic 50-year mortgage option designed to reduce monthly payments for families struggling with rising rates.
The contrast with the Biden years is difficult to ignore. Under Biden, housing affordability collapsed to its worst point in modern history, interest rates soared, and millions of Americans were priced out of the market. President Trump has made it clear he intends to reverse that damage and restore the American Dream of homeownership.
If Ackman’s proposal gains traction, it could become a major pillar of Trump’s larger plan to:
- Lower mortgage payments
- Protect retirees and homeowners
- Reduce taxpayer risk
- Bring transparency back to federal housing finance
- Strengthen the economy for working families
This next phase of reform may ultimately determine how the U.S. housing market evolves in a Trump-led recovery.