Bill Pulte Trump’s Pick for FHFA Director
Industry Update
January 17, 2025
Source: National Mortgage Professional
In a Thursday post on his social media network Truth Social, President-elect Donald Trump announced his plan to nominate Bill Pulte as director of the Federal Housing Finance Agency (FHFA).
“Bill needs no formal introduction to the Great Citizens of our Country,” Trump wrote, “because they have seen, and many have experienced, his philanthropy firsthand.”
The founder and CEO of the private equity group Pulte Capital Partners, LLC, and former director of PulteGroup, Inc., Pulte has been a vocal Trump supporter, much like Trump’s nominee to lead the U.S. Department of Housing and Urban Development (HUD), Scott Turner.
President and CEO of the Mortgage Bankers Association (MBA), Bob Broeksmit, congratulated Pulte on the nomination in a press release.
“We look forward to working with him and the FHFA staff on policies and programs that boost housing supply and create affordable opportunities for our nation’s homebuyers and renters,” Broeksmit said, “while protecting taxpayers and ensuring a robust secondary mortgage market and Federal Home Loan Bank system for single-family and multifamily lenders.”
As FHFA director, Pulte will oversee the conservatorship of the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac. Plans to end the conservatorship, initiated during the first Trump administration, are anticipated to be successful during the next one.
Former FHFA director Sandra Thompson recently announced her resignation effective January 19th, 2025, one day before Trump assumes office.
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