Three businesses. Real competition. Less duplication · August 2026
USFTMC would place one publicly traded state-law parent above Fannie Mae and Freddie Mac, leaving both federal charters, both capital bases and both management teams exactly where they are. This paper is the transaction blueprint: who may legally own the Enterprises, why the work can start inside conservatorship, how Treasury’s Senior Preferred Stock and warrants get settled, how mortgage rates and UMBS liquidity get protected, and what keeps the two companies competing once one parent owns them.
- 18 yearsLength of the Fannie Mae / Freddie Mac conservatorship to date
Read the blueprint: A Transaction Blueprint & Call to Action for Fannie Mae, Freddie Mac & U.S. Financial Technology (PDF)
Oksenholt Capital Management LLC · Illustrative only · Not investment advice · DYOR