The Latest Breaking News from Bill Pulte

Trump’s 50-year mortgage plan has had its fair share of public scrutiny. But despite most Americans rejecting the idea as a “time cage,” there is news circulating about a “15-year car loan.” Basically, it’s a lifetime payment plan for cars that break down before they’re fully paid off.

Mortgage experts are divided on the wisdom of a 50-year mortgage. No one seems to think it's the key to making homeownership affordable.

Last month, 93 percent of Americans said they believe housing costs are too high

FHFA Director Bill Pulte confirmed Saturday, “We are indeed working on The 50-year Mortgage – a complete game changer."

The Trump administration is considering a 50-year mortgage plan amid a housing affordability crisis, but critics warn that it could exacerbate household debt.

The Donald Trump administration is weighing a plan to introduce 50-year mortgages, a move officials say could reshape the housing market for generations of American buyers facing record costs.

Speaking at the ResiDay conference, Bill Pulte said President Donadld Trump avoids D.C. groupthink, but "these other people, like Powell, they've lost their mind."

President Donald Trump is evaluating plans to take mortgage giants Federal National Mortgage Association (OTC:FNMA), or Fannie Mae, and Federal Home Loan Mortgage Corp (OTC:FMCC), or Freddie Mac, according to Bill Pulte, the Director of the Federal Housing Finance Agency.

Freddie Mac and Fannie Mae stocks have surged on hopes that the government could sell some of its stake, but Pulte posted on social media that investors need to read risk disclosures that Freddie Mac has made in its 10-K.

Bill Pulte has become a significant player in the Trump administration

It’s an unusual attack, since it resembles Ezra Klein’s “abundance” thesis, and one of Trump’s top deputies is a homebuilding heir.