Trump Nominates Bill Pulte as FHFA Director Overseeing $8 Trillion in Mortgage Assets

Jan 16, 2025, 05:11 PM

President Donald Trump has nominated Bill Pulte, the CEO of Pulte Capital and a private equity group, and grandson of homebuilding mogul William J. Pulte, to serve as the next Director of the Federal Housing Finance Agency (FHFA). Pulte, known for his philanthropic efforts and ties to the housing industry, has stated his aim to "restore the American Dream for all." He will oversee the regulation of Fannie Mae, Freddie Mac, and 11 federal home loan banks, which collectively manage around $8 trillion in mortgage assets. The Mortgage Bankers Association (MBA) has expressed support for Pulte's nomination, emphasizing the importance of policies that increase housing supply and affordability while protecting taxpayers. This appointment is part of Trump's broader efforts to shape housing policy and address challenges in the mortgage and housing markets.