Home Market Insight Freddie, Fannie’s $3 billion in purchases of $200 billion in mortgage bonds...

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

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Freddie, Fannie’s  billion in purchases of 0 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.

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