President Donald Trump on Wednesday said he soon planned to decide whether to privatize Fannie Mae and Freddie Mac, the government-sponsored entities that help provide stability and affordability to America’s home mortgage market.

President Donald Trump said that he’s giving “very serious consideration to bringing Fannie Mae and Freddie Mac public” after more than a decade of government control.

President Donald Trump's plan to privatize mortgage giants Fannie Mae and Freddie Mac risks pushing U.S. homeowners' monthly payments even higher, experts told Newsweek, further exacerbating the affordability crisis in the country.