Freddie, Fannie’s $3 billion in purchases of $200 billion in mortgage bonds continues, FHFA’s Pulte says

Federal Housing Finance Agency Director Bill Pult said Friday that the $3 billion in mortgage bond purchases came just a day after President Donald Trump ordered his representatives to buy $200 billion in mortgage bonds to help reduce housing costs.

Speaking to reporters at the White House, Pult said the privatization of Freddie Mac and Fannie Mae “could still happen a lot.”

He declined to say when the $200 billion purchase would be completed.