The US housing market is seeing ‘great success’ under Trump’s affordability plans, Pulte said
The director of the US Federal Housing Finance Agency and the Chairman of Fannie Mae William Pulte talks about buying 200 billion billion in housing bonds, future rates and preventing large institutions from collecting single-family houses.
Americans may soon be celebrating a “major breakthrough” in the U.S. housing market, according to a top housing finance official.
“All these other fake politicians, they are all talk and no action. They never spend a day in their private life [the] independent,” Federal Housing Finance Agency Director and Fannie Mae Chairman William Pulte said on “Mornings with Maria” Monday.
“President Trump has made a lot of money, he understands real estate, he understands how things are done. He looks at this thing, he says, ‘We’re not going to complain about it. We’re going to do something,'” he continued. “I think this is going to be a huge success for the American people.”
Pulte discussed working with the Trump administration to make US housing an “affordable market.” Last week, President Donald Trump said he was ordering agents to buy $200 billion in mortgage bonds to lower rates.
AMERICANS ARE FLEEING THE MORTGAGE MARKETS DESPITE LOWER RATES AS LENDERS TIGHTEN NATIONWIDE DEBT HOLDS.
“Now, I pay special attention to the Real Estate Market. Because I chose not to sell Fannie Mae and Freddie Mac in my first term, a really good decision, and against the advice of ‘experts,’ it is now worth several times that amount – AN ABSOLUTE FORTUNE – and has $200 BILLION DOLLARS IN CASH,” the president wrote on Social. “Because of this, I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS. This will lower Mortgage Rates, LOWER monthly payments, and make home ownership more affordable.”
William Pulte, director of the Federal Housing Finance Agency (FHFA), during a television interview outside the White House in Washington, DC, on Monday, Jan. 12, 2026. (Getty Images)
“We will meet again with the builders this week. I have high hopes that the builders will get to build again,” said Pulte. “We’re in the process of buying $200 billion. We have over $200 billion in cash and cash equivalents at Fannie Mae and Freddie Mac. I mean, it’s crazy — almost criminal — that some presidents didn’t even know these companies existed or were using them.”
“We’re going to use this $200 billion, we’re going to make housing more affordable,” Pulte added, “and we’re going to do everything we can as an administration to reverse what happened over the last four years.”
US Federal Housing Finance Agency Director William J. Pulte discusses Fed independence, Lisa Cook’s fraud claims and President Donald Trump’s push to lower housing costs.
Pulte also applauded Trump’s recent decision to bar major investment institutions from buying single-family homes.
“One of the things that people don’t understand is that some of the house builders are selling property, selling houses – if you can believe this – to companies that are 20, 30 years old, in some cases, 40% off what they are selling to the American people. This will not happen,” said Pulte. “We need people in shelters. We need people in homes like they were under President Trump. People should be living in homes, not on corporate balance sheets.”
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‘Mansion Global’ CEO Katrina Campins praises President Donald Trump’s move to stop ‘institutional investors’ from buying single-family homes for ‘Making Money.’
FOX Business previously reported that it is not clear what legal authorities the president will cite in his plan to prevent corporate firms from buying homes, or what additional steps he forces Congress to take.
“I’m sure this is going to happen. You’re going to see executive action from him, and soon after that, he’s going to put it together with Congress,” Pulte said.
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Eric Revell of FOX Business contributed to this report.
