What Is an IPO? How an Initial Public Offering Works
investopedia.com
What Is an IPO? How an Initial Public Offering Works
In an IPO, or public offering, shares of a private company are made available to the public for the first time. An IPO allows a company to raise equity capital from public investors.
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Bank of America CEO Brian Moynihan says that in the event of a Freddie/Fannie IPO, the backing of the U.S. government – the so-called "guarantee" – would help keep mortgage rates steady. “Secretary Bessent knows it, that guarantee helps keep that mortgage rate down, but also provides a 30-year mortgage,” Moynihan tells @margbrennan. “Because now, when you make a mortgage loan without a government guarantee for a borrower who may be on the qualification levels there are more advantageous to borro
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