The Wall Street Journal recently reported that a Fannie Mae and Freddie Mac IPO is underway, but many economists believe that move would upend the housing market as we know it. In a statement to TheStreet, Realtor.com Senior Economist Jake Krimmel explains why taking Fannie and Freddie public would do more harm than good.

Don’t fix what is not broken,” Libby Cantrill, Pimco’s head of public policy, wrote in a note to clients earlier this week. At the upper end, that would equate to roughly $600 a year in extra interest payments for the average borrower,

Pacific Investment Management Co. warned that the Trump administration's proposal to sell new shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) could result in higher mortgage rates if the government releases the GSEs.