Six months after President Trump told Wall Street banks to prepare a swift stock offering, there is no firm plan for how to take the giant mortgage firms public.
Category: Federal Housing Finance Agency
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As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
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Trump Orders Fannie and Freddie to Buy $200 Billion in Mortgage Bonds
The move, a bid to make homes more affordable, would be a back-to-future moment for the two mortgage firms. Buying risky mortgage bonds helped push them to near-bankruptcy in 2008.
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Buying a House Is Expensive. But There Are Some Ways to Rein In Costs.
The Trump administration has proposed 50-year and “portable” mortgages to make home buying more affordable. But housing experts offer other suggestions.
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Trump Turns to Affordability Message Amid Economic Frustration
The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.
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Trump Housing Official Invokes Family Legacy, to Some Relatives’ Dismay
Bill Pulte has called out prominent Democrats for issues with their mortgage documents. But he has a history of carefully choosing facts about his family and businesses to enhance his reputation.
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Deception? Conflicting Paperwork? Clerical Error? How a Politician’s Mortgages Can Get Muddy
Mortgage fraud allegations, like those President Trump has leveled against Lisa Cook, are hard to prove. A New York Times review of the holdings of other Washington officials shows how multiple mortgages can invite questions even when people act properly.
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Fed Governor Lisa Cook Sues Trump Over Dismissal
Lisa Cook, who has not been charged with a crime, sought to retain her position, arguing her firing was “unprecedented and illegal.”
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Mortgage Fraud Claims Give Trump Weapon Against Lisa Cook and Others
The director of Federal Housing Finance Agency could win the president an opening on the Federal Reserve board.
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What to Know About the Fed’s Lisa Cook and Mortgage Fraud Allegations
Trump administration officials have accused the Federal Reserve governor of mortgage fraud and called for her to resign.
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Trump’s Attacks on Fed Overshadow a Critical Moment for the Central Bank
The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world gather in Jackson, Wyo.
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Trump Demands a Fed Governor Resign, Escalating Campaign to Remake Central Bank
The administration accused Lisa Cook of mortgage fraud and said it would refer the matter for criminal investigation.