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International Business Times UK
International Business Times UK
World
Giuliano de Leon

Mortgage Giants Fannie Mae, Freddie Mac Urged by Trump To Help as He Accuses Big Homebuilders of Sitting on '2 Million Empty Slots'

Donald Trump Fannie Mae Freddie Mac Fannie Freddie United States OPEC Bryan Caplan NAHB
Donald Trump. (Credit: @realDonaldTrump/Truth Social)

US President Donald Trump on Sunday evening, 5 October 2025, accused major homebuilders of deliberately holding back housing construction.

Because of this, Trump called on mortgage giants Fannie Mae and Freddie Mac to step in and push builders into action, saying it was time to 'help restore the American Dream'. He said developers now had access to financing, so there was 'no excuse not to build'.

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