Pulte chair of Fannie, Freddie after 14 board members are purged

Less than a week after being confirmed by the Senate to lead the FHFA, homebuilder scion launches campaign focused on making homebuying more affordable by cutting alleged wasteful spending at the mortgage giants. Continue reading

Bill Pulte confirmed to lead Fannie and Freddie’s federal regulator

Mortgage industry groups support the Trump administration’s picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at the agencies. Continue reading

NAR, Mortgage Bankers Association back CFPB nominee

The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan, noting he has a “wealth of experience” to lead the financial watchdog. Continue reading

Mortgage rates in retreat as investors weigh Trump’s approach

After surprise inflation report, Trump administration says the Federal Reserve’s interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies Continue reading

Steel and aluminum are President Trump’s latest tariff targets

The National Association of Home Builders has sounded the alarm on the potential impact on housing costs if Trump follows through on threats to impose duties on Canadian wood and gypsum from Mexico. Continue reading

Name change, budget cuts at top of HUD secretary’s list

Department of Urban Housing and Development Secretary Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent. Continue reading

Rollout of new mortgage credit scoring models pushed back

Plan to require lenders working with Fannie and Freddie to use FICO Score 10 T and VantageScore 4.0 models by Q4 2025 has been dropped, with new implementation date “TBD.” Continue reading

Trump nominates homebuilder scion to oversee Fannie, Freddie

The grandson of PulteGroup founder William J. Pulte, Bill Pulte is a private equity CEO, philanthropist and Trump loyalist with 3 million followers on X. Continue reading