The complex process of taking Fannie Mae and Freddie Mac public is getting yet another wrinkle. Federal Housing Finance Agency director Bill Pulte said the mortgage giants were exploring avenues to pursue equity stakes in technology firms, Bloomberg reported. Pulte, speaking from a housing conference hosted by news and research outlet ResiClub, claimed technology companies were offering equity in exchange for partnerships. “We’re looking at taking equity stakes in companies that are willing to give it to us because of how much power Fannie and Freddie have over the whole ecosystem,” Pulte told ResiClub. Pulte added that he was hoping […]
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