Could Fannie & Freddie Going Public Change the Mortgage Game?

Hello everyone! This week’s newsletter is packed with some big mortgage news - from the end of trigger leads protecting your clients’ privacy, to a possible Fannie Mae and Freddie Mac IPO that could shake up rates, and a new loan program that’s perfect for buyers with strong assets but limited income.

Let’s dive in!

Read time: ~3 minutes

Rates ended FLAT compared to last week, and volatility was LOW. Rates are in the mid-to-high 6’s for most loan types without paying discount points. Paying discount points can get you in the low-to-mid 6’s.

Trigger Leads Are Officially Over — Here’s Why That’s a Win for Everyone

f you’ve ever had a buyer apply for a mortgage only to get bombarded with calls, texts, and emails from random lenders promising “better deals,” you’ve seen the damage trigger leads can do.

It happened to one of our assistants last year — within days of applying for a mortgage, her phone was blowing up nonstop with hundreds of aggressive and even misleading offers. It was overwhelming, distracting, and confidence-shaking… the exact opposite of how buyers should feel when making one of the biggest financial decisions of their lives.

That’s why the new Homebuyers Privacy Protection Act (HBPPA) is such a game-changer. It changes the Fair Credit Reporting Act to stop most trigger leads, only allowing credit report data to be shared if the borrower gives explicit consent or already has a relationship with the lender.

Why it matters for agents:

• Protects your client relationships — no more awkward “I didn’t sell your info” talks.

• Keeps buyers focused — fewer outside offers pulling them off track.

• Smoother closings — less confusion means fewer last-minute issues.

Could Fannie & Freddie Going Public Change the Mortgage Game?

There’s talk that President Trump may take Fannie Mae and Freddie Mac public by the end of 2025. The plan could involve selling 5%–15% of their shares — worth about $500 billion combined — which would bring roughly $30 billion into government coffers.

For those who don’t live and breathe mortgages like I do, here’s the quick refresher: Fannie and Freddie are the backbone of U.S. housing finance. They buy loans from lenders like me, package them into mortgage-backed securities, and sell them to investors — keeping capital flowing so more loans can be made.

The Upside

• Cheaper Borrowing Costs – If an IPO makes operations leaner and adds fresh capital, rates could drop. That means more buying power for clients and more offers getting accepted.

• More Loan Products, Faster – Private companies can adapt quicker, which could mean new programs and flexible financing sooner.

• A Stronger Housing Market – Lower rates typically mean more buyers — and more closings for agents.

The Risks

• Rates Could Climb Instead – If investors think government backing is reduced, they’ll want a higher return, which could push rates higher.

• IPO Growing Pains – A messy rollout could cause short-term rate swings and unpredictable pricing.

• Buyer Confusion – Headlines about “going private” could scare buyers into thinking mortgage options are disappearing, delaying deals.

A Mortgage Option for Buyers With Assets but Limited Income

Some loan programs just make sense — and this is one of them.

Right now, I’m working with a retired couple who are an ideal fit. They have great credit, work part-time, and collect Social Security — but their reported income isn’t enough for a standard mortgage.

Under traditional guidelines, that would be a dead end.

But thanks to the Asset Qualifier loan, their $2 million annuity changes everything. No pay stubs. No employment requirements. If the asset covers the loan amount plus six months of reserves, they’re in.

It’s designed for responsible borrowers who’ve built their wealth and now live off it. And it’s about time there was a program that sees that as a strength, not a hurdle.

Two Ways My Team & I Can Help

1. Lets collaborate- Schedule a zoom meeting

2. Tough Deal? Let us know if we can help