President Donald Trump reportedly wants the U.S. to sell Fannie Mae and Freddie Mac stock in a quest to move mortgage finance firms from full federal control.

The Trump administration is preparing plans to sell stock in mortgage-finance giants Fannie Mae and Freddie Mac that could kick off before the end of the year, a senior administration official confirmed.

U.S. President Donald Trump's administration is preparing for the initial public offerings of mortgage finance giants Fannie Mae and Freddie Mac later this year, the Wall Street Journal reported on Friday,