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Trump Taps Private Equity Investor Bill Pulte To Lead Federal Housing Finance Agency - Federal Home Loan (OTC:FMCC), Federal National Mortgage (OTC:FNMA)

  • Donald Trump has chosen Bill Pulte to be the next Director of the Federal Housing Finance Agency, as announced on Thursday.
  • The Federal Housing Finance Agency oversees mortgage giants Fannie Mae and Freddie Mac, which have been in conservatorship since the 2008 financial crisis.
  • Pulte is known for his philanthropy on social media and has previously met Trump regarding blight removal in Metro Detroit.
  • If confirmed, Pulte will focus on returning Fannie Mae and Freddie Mac to the private sector, a priority for Trump in his upcoming administration.
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