Westcor Land Title Insurance Co. is now the second title vendor taking part in Fannie Mae‘s title insurance waiver pilot program. Federal Housing Finance Agency (FHFA) Director Bill Pulte announced the move in a social media post. The waiver pilot, relaunched by Fannie Mae in March 2024, allows approved mortgage lenders to use an automated […]
Westcor joins Fannie Mae title waiver pilot Read More »
It’s been just over a week since Federal Housing Finance Agency (FHFA) Director Bill Pulte directed Fannie Mae and Freddie Mac to start preparing for the use of cryptocurrency in single-family mortgages. With limited guidance beyond the FHFA’s directive, mortgage originators and industry experts are working to assess how cryptocurrency could be applied to mortgages.
Armando Falcon on the FHFA’s move toward crypto mortgages Read More »
In a social post on X on Thursday, FHFA Director Bill Pulte said a fired Freddie Mac employee who was arrested in March for threatening to blow up the Freddie Mac building in McLean, Virginia has continued to contact him. It’s Pulte’s first public statement on the incident since the woman’s arrest. Pulte posted: “Recently,
Pulte still contacted by woman arrested for bomb threat Read More »
The most notable housing trend for me in 2024 and 2025 has been inventory growth, particularly the increase in new listings during this time. I had set a minimal target of 80,000 new listings per week for 2025 and we’ve met that goal two times this year. However, the data for new listings is losing
New listings slowdown shows lack of home seller stress in 2025 Read More »
FHFA Director Bill Pulte called for Federal Reserve Chairman Jerome Powell to resign today, shortly after President Trump urged Powell to cut the Fed funds rate by 2.5% in a social post. This follows the Federal Reserve’s decision yesterday to keep the Fed Funds rate unchanged. Although Powell pointed out the challenges of finding a
FHFA Director Bill Pulte calls on Fed Chair Powell to resign Read More »
A group of 14 Democratic senators, led by Elizabeth Warren (Mass.) and Minority Leader Chuck Schumer (N.Y.), have called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to pause any potential plans to release government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from conservatorship. The letter, first reported by Bloomberg, said that any potential
Senators call on FHFA’s Bill Pulte to pause GSE privatization plans Read More »
The Trump administration has studied the possibility of turning Fannie Mae and Freddie Mac into public companies while keeping them under conservatorship — one of several alternatives still under consideration, according to a Bloomberg report published Tuesday. The primary goal of the administration is to reduce the U.S. budget deficit and avoid any increase in
GSEs could go public while staying under government control Read More »
Citing an issue in which families across Nevada do not have the resources to compete with institutional investors that buy up single-family homes, Rep. Susie Lee (D) has called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to offer transparency when out-of-state landlords purchase foreclosed single-family homes. Lee, who represents part of Las Vegas
Nevada lawmaker targets home purchases by institutional investors Read More »
Mat Ishbia, the president and CEO of United Wholesale Mortgage (UWM), said last week he doesn’t think that releasing Fannie Mae and Freddie Mac from conservatorship is a major focus for the Trump administration — and he isn’t sure “whether it should be.” One thing he is confident about: If ending the conservatorship results in
Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds Read More »
Below is a timeline of the actions or reports related to Federal Housing Finance Agency (FHFA) Director Bill Pulte that have impacted the regulator or the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac since Pulte was announced as President Donald Trump’s nominee for the role in January and took office in March. January/February Trump
Updated list of Bill Pulte’s actions that impact FHFA, GSEs Read More »