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JoeLange@JoeLange·3hWhy “purposely” create confusion?This Trump appointment has thrown DC and the entire media into confusion.“Donald Trump has tapped a close ally to serve as the country’s top intelligence official, days after Tulsi Gabbard announced her exit from the role.The US president said that Bill Pulte, head of the Federal Housing Finance Agency (FHFA), and heir to a home construction company fortune, will serve as acting director of national intelligence.”“Pulte has used his role at the powerful housing agency, which oversees regulations of the federal housing lenders Fannie Mae and Freddie Mac, to publicly level of a string of extraordinary allegations...

Avatar Donald J. Trump @realDonaldTrump I am appointing the Director of the Federal Housing Finance Agency, and Chairman of Fannie Mae/Freddie Mac, William J. Pulte, to serve as Acting Director of National Intelligence. William has deep experience managing the most sensitive matters in America, the safety and soundness of the Markets, and over 10 Trillion Dollars at Fannie Mae/Freddie Mac, a substantial increase from where it was just 12 months ago. During this period, he will remain Director of the Federal Housing Finance Agency, and Chairman of Fannie Mae/Freddie Mac. Congratulations to Director Pulte! President DONALD J. TRUMP

The Trump Administration is once again putting Fannie Mae and Freddie Mac at the center of U.S. housing finance. According to Federal Housing Finance Agency (FHFA) Director William J. Pulte, the government continues to consider floating a 5% stake in the two government-sponsored enterprises (GSEs) via an initial public offering. The transaction, which could raise as much as $30 billion, would mark the most significant step toward releasing the GSEs from government conservatorship since they were seized in 2008 during the global financial crisis. The administration initially teased an IPO of that scope last month, suggesting it could happen in...

Longtime President Donald Trump political foe Democrat California Sen. Adam Schiff was referred to the Department of Justice to face criminal prosecution over alleged mortgage fraud that reportedly stretches back years. Schiff, who was elected to the Senate in the 2024 election cycle following decades as a House lawmaker, is under scrutiny after the U.S. Federal Housing Finance Agency (FHFA) sent a letter to the Department of Justice in May sounding the alarm that in "multiple instances," Schiff allegedly "falsified bank documents and property records to acquire more favorable loan terms, impacting payments from 2003-2019 for a Potomac, Maryland-based property."...

On Thursday, Chairman of the Board of Fannie Mae and Freddie Mac, Bill Pulte, said Fed Chair Jerome Powell may be criminally referred to the Justice Department for alleged perjury about the $2.5 billion building renovation plan. “I am told by very reliable Congressional sources that there may be a criminal referral coming from one or more Congress members to the DOJ for Jay Powell’s alleged perjury about the $2.5BN building,” Pulte said on X. I am told by very reliable Congressional sources that there may be a criminal referral coming from one or more Congress members to the DOJ...

We just covered how Fannie Mae fully dismantled its ESG team and program. Now it appears that Freddie Mac has followed suit. Freddie Mac’s main ESG (environmental, social, and governance) webpage and a recent ESG-related article have been taken down from the website... When we first reported on ESG policies for the Fortune 100 in early April, all 100 companies had an active ESG policy... With Fannie Mae and Freddie Mac dismantling their teams, that number is now at 98. Will this move trigger a cascade of similar changes?

Paul Sperry @paulsperry_ BREAKING: Only 49 employees have been showing up to work full-time at Fannie Mae's headquarters where more than 2,900 employees are supposed to work, according to Bill Pulte, Trump's new director of the Federal Housing Finance Agency,which oversees both Fannie Mae and Freddie Mac 6:43 PM · Mar 17, 2025

The Freddie Mac 30-year mortgage commitment rate rose to 3.12%. But once we subtract the gut-wrenching inflation rate, the REAL 30-year mortgage rate is -3.689%. The nominal Freddie Mac 30-year commitment rate rose to 3.12% which is still lower than 3.18% back on April 1, 2021 after surge in rates following Biden’s taking the office of Presidency in January. Meanwhile, the REAL Case-Shiller National home price index (CS National YoY – CPI YoY) is growing at the fastest rate in history. Great if you already own a home, but lethal if you are renting and want to move to homeownership....

A top U.S. regulator is considering taking steps to ease strains on mortgage companies facing a cash crunch as millions of Americans struggling with fallout from the coronavirus suspend their monthly payments, according to people familiar with the matter. The Federal Housing Finance Agency is weighing whether to allow Fannie Mae and Freddie Mac, the government-controlled mortgage-finance giants, to buy home loans that recently entered forbearance, meaning borrowers have stopped making payments, the people said. That would help nonbank mortgage companies that lend to home buyers and then quickly sell the loans to Fannie and Freddie. The strategy was upended...

The level of government interference and taxpayer exposure in the housing market has always been a huge problem. Higher education and mortgages have been key weapons of social engineering. The creation of massive amounts of debt and the entanglement of the government and taxpayers in mortgages was a major cause of the last economic meltdown. The solution here is at best incomplete, but it's a reasonable next step. Especially when dealing with 2020 Democrats who would love nothing more than to create another trillion dollar catastrophe by bribing their voters like crazy. The Trump administration on Thursday released its first...

Sen. Kamala Harris (D-CA) rolled out a plan to offer grants up to $25,000 to low-income black individuals to help with a down payment and closing costs on home purchases.At first glance, to the economically uninformed, this seems like it's a good idea. We want as many people as possible to own homes for many obvious reasons.Why not subsidize low-income buyers with a $25,000 grant? This would mean that it would be easier to buy a house in a low-income area. The more houses that are bought, the higher the demand, and prices will rise, benefitting everyone.But as with all...

The gatekeepers of the American mortgage market are increasingly backing loans to borrowers who have heavy debt loads, highlighting questions about mortgage risk as policy makers debate ways to change the system. Almost 30% of loans that mortgage giants Fannie Mae and Freddie Mac packaged into bonds last year went to home buyers whose total debt payments amounted to more than 43% of their incomes, according to an analysis by industry research group Inside Mortgage Finance. The share has nearly doubled since 2015. Data on other government mortgage programs also show an increase. The backing of these loans opens up...

Dems Nuked the Filibuster to Confirm Him, Then He Turned to Sexual Harassment Another lingering scandal from Obama’s “scandal-free” administration. February 22, 2019 Daniel Greenfield 16 see comments at FrontPage Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism In the fall of 2013, the Democrats were outraged that Republicans were blocking Obama’s nomination of Rep. Mel Watt to head the Federal Housing Finance Agency. Watt was African-American and Senate Majority Leader Harry Reid and his minions repeatedly tried to associate the move with...

Former federal housing agency director Mel Watt, who represented Charlotte in the U.S. Congress for more than two decades, misused his position to pursue a relationship with a woman working for him, according to a formal inquiry by the agency’s Inspector General. Watt was head of the Federal Housing Finance Agency, which currently oversees Fannie Mae and Freddie Mac, from 2014 through January when his five-year term expired. Simone Grimes, a special adviser at the agency, claimed that the 73-year-old Watt sexually harassed her and did not promote her when she declined his advances. Grimes also filed a pay discrimination...

New HomeOne mortgage has no geographic or income restrictions. It’s been more than three years since Freddie Mac rolled out a conventional mortgage that only required a 3% down payment for certain borrowers. The program, which is designed for qualified low-and moderate-income borrowers, saw reasonable progress over the last few years, with Federal Housing Finance Agency Director Mel Watt telling Congress last year that Freddie’s 3% down program (along with a similar one from Fannie Mae) was continuing to grow. But now, Freddie Mac is about to supercharge its 3% down program and launch a widespread expansion of the offering....

A pair of top Obama-appointed bank regulators still serving in the Trump administration could spark another mortgage meltdown by lowering credit standards and encouraging risky lending practices. Democrat Mel Watt, who is serving a special five-year term as head of the Federal Housing Finance Agency, is pushing the mortgage-lending giants he regulates — Fannie Mae and Freddie Mac — to offer home loans to deadbeat borrowers with shaky credit, setting up conditions for another housing-market crash, industry officials warn. Meanwhile, the other Obama holdover — liberal Democrat Richard Cordray, who continues to head the Consumer Financial Protection Bureau through 2018...

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President Obama never was shy about using his phone and pen to achieve what he could not get from Congress on regulatory matters. But documents revealed last week show the Obama administration may have been willing to get around congressional decisions on spending by using a slush fund of sorts funded by the profits of Freddie Mac and Fannie Mae, the two government-sponsored home loan giants. Fannie and Freddie are federally chartered enterprises which buy mortgage loans from banks and bundle them into securities that are sold to investors, thus freeing up capital so that banks can make more home...

This is the video of an interview after the close on CNBC by Kelly Evans of Dick Bove and Josh Rosner on the NYT story by Gretchen Morgenson that showed the Obama Administration changed the agreement between the US Government and Fannie Mae and Freddie Mac by fiat ruling. Play the video at the link. If you think this isn't worth it, just note that the video has been buried off their front page . . . since it slaps the Obama people right in the face and heaven forbid that happens on an NBC property.

Complete Headline: Obamacare Implosion Now? Since Obama Siphoned GSE Dividends To Prop Up, Can Trump Simply Halt 1st Qtr Sweep? Earlier this month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA "who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac," confirmed a 2012 scheme hatched by the Obama administration to funnel hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the failing Obamacare program - by paying subsidies to insurers to remain in the system. [Snip] The conclusion reached by...