Shares of Fannie Mae and Freddie Mac shot higher on Wednesday after President Donald Trump said they would retain their government guarantees even after going “public”—though they gave back some of those gains after the head of the companies’ conservator said they may not exit government control after all.

One of the chief concerns of taking Fannie Mae and Freddie Mac private is how it would influence mortgage rates and could increase their costs. President Donald Trump’s promise of an implicit

The Trump administration wants to put a new “welcome” doormat on the front steps of mortgage giants Fannie Mae and Freddie Mac.