The government-backed mortgage giants recently announced they were putting out a request for proposals for a financial advisor to “assist in developing and implementing a plan for recapitalizing and responsibly ending its conservatorship.”
According to the announcement from Fannie and Freddie, which have been under Federal Housing Finance Agency conservatorship since the 2018 financial crisis, the financial advisor will help “consider business and capital structures, market impacts and timing, and available capital raising alternatives, among other items.”
