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Regulator at center of politicization, oversight fight and housing policy shifts including GSE bond expansion
In early 2025, President Donald Trump installed housing heir Bill Pulte as director of the Federal Housing Finance Agency (FHFA), the regulator overseeing Fannie Mae, Freddie Mac and more than $8.5 trillion in U.S. mortgage credit. Within months, Pulte began using access to mortgage data to publicly accuse several high-profile Democrats — New York Attorney General Letitia James, Senator Adam Schiff, Federal Reserve Governor Lisa Cook and Congressman Eric Swalwell — of mortgage fraud, referring them to the Justice Department amid concerns of political retribution.
Updated Feb 5
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