
In a post on the social media platform Truth Social, President Trump announced that he is “instructing” his “representatives” to buy $200 billion in mortgage bonds. He also claimed that doing so would lower rates for homebuyers and reduce monthly payments.
Federal Housing Finance Agency (FHFA) Director Bill Pulte posted on X, “We are on it. Thanks to President Trump, Fannie and Freddie will be executing,” referring to Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). President Trump also claimed that the two institutions are not lacking cash.