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Pulte
@pulte
Director of Federal Housing of the United States and former Acting Director of National Intelligence of the United States
1.3K Following    3M Followers
Pulte says Fannie and Freddie will begin ramping up MBS purchases Holdings of mortgage-backed securities at the companies have declined for three straight months
We are beginning to buy even more, large quantities, as we speak.
NEW: LENDER LETTER, FROM FANNIE MAE TO LENDERS, ALLOWING LENDERS TO ORIGINATE AND DELIVER LOANS VIA VANTAGE SCORE
We have also expanded title insurance pilots to make sure people save on title insurance.
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Pulte directs Fannie and Freddie to allow lenders to use VantageScore, citing FICO monopoly | Just The News
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Since 2020, FICO has increased the price per a person’s credit score by 1,800%. FICO has enjoyed a monopoly. No more. Fannie and Freddie’s initial rollout of VantageScore has been incredibly successful, with 50 LENDERS DELIVERING LOANS. So, EFFECTIVE IMMEDIATELY, I’m instructing Fannie and Freddie to approve ALL lenders to use VantageScore.
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GREAT WORK. Great executives at Freddie Mac. We are getting there with Fannie Mae.
We eliminated extra fees and steps to improve the transfer of ownership process, making the consent process smoother and more efficient. This is just one example of how Freddie Mac Multifamily is streamlining the servicing experience.
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Technology is improving and providing opportunities for us to remove unnecessary processes and unfortunately at times personnel
The GSEs are moving away from static appraisal forms in favor of dynamic appraisal reports that transition appraisals from a narrative format to a more data-focused format. Industry observers believe this will improve the reliability of appraisals.
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A Great American.
🚨 NOW: President Trump is deploying ED MARTIN to fight legal battles in the 2026 midterms and 2028, departing the DOJ PATRIOT! This is the same guy who relentlessly pursued corrupt AG Letitia James He's going to be vital to block Democrat cheating 🇺🇸 "Ed Martin has been with me from the very beginning, and done an incredible job as an Attorney, Director of the Weaponization Working Group, and the United States Attorney for the District of Columbia. Ed is now leaving to go outside to fight Legal Battles for the upcoming Midterm Election, and the Presidential Election of 2028." "I know he will do an outstanding job, ensure Free, Fair, and Honest Elections, and strongly advance our Constitutional Rights. Good luck Ed! President DONALD J. TRUMP" @EagleEdMartin
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Stay tuned.
12 of the 15 major homebuilders tracked by ResiClub are seeing year-over-year margin compression --> 3 months ago, all 15 of were seeing YoY margin compression --> On a quarter-over-quarter basis, just 4 of the 15 big builders are seeing margin compression right now
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Karoline is a winner and I can’t wait to see what amazing things she does next!
Serving as the White House Press Secretary over the past year and a half has been the honor and adventure of a lifetime. I am incredibly grateful to President Trump for granting me so many extraordinary opportunities, such as working in the West Wing and spending countless hours in the Oval Office, flying around the world and meeting foreign leaders, and traveling across our beautiful country and meeting Americans from all walks of life. Most of all, I am thankful to the President for entrusting me with the distinct privilege of speaking on his behalf at the White House podium. I have spoken with great pride about the many historic accomplishments of this Administration, and I have relished holding the liberal media accountable and ensuring the American people hear the truth about President Trump’s successes. Being a mother and welcoming a new baby while working in one of the most demanding jobs in the world has been the most rewarding yet challenging season of my life, to say the least. The truth is since returning to the White House after the birth of my daughter, I have felt in my heart that I cannot be the best mom my two young children deserve while devoting the constant time, energy, and attention required of the White House Press Secretary — and that is why I have ultimately made the bittersweet decision to depart the White House and embark on a new chapter in my life. President Trump has asked me to continue serving as a top advisor to him on the outside, and I will always remain a vocal advocate for MAGA and the Republican Party. Our country is facing an existential threat from an increasingly extremist Democrat Party that seeks to destroy everything great about America, and I believe it is incumbent upon all of us who care about this country to fight back against that threat. My fight is entering a new phase, but it is far from over. Thank you again to the President, the First Lady, and the entire Trump family for your kindness and generosity over the years. Thank you to our amazing Chief of Staff Susie Wiles for empowering me since the day she hired me on the campaign, and to the President’s cabinet, my staff, colleagues, and friends at the White House who work so hard on behalf of our nation. It has been a privilege to serve alongside so many accomplished and impressive people, and I look forward to cheering them on over the next two and a half years. And of course, thank you most especially to my loving and supportive husband and family for the sacrifices they made for me to serve in this role. ♥️🇺🇸
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God speed James. Thank you for your service to our country and President!
I am profoundly grateful to President Trump and Vice President @JDVance for the opportunity to be a part of this extraordinary team, and to serve in an administration that has worked with the Congress to deliver the largest tax relief in American history, the resources necessary to secure the border and build the wall across two reconciliation bills, the fastest confirmation of the cabinet in twenty years, and defeating two Democratic shutdowns.   I want to thank @SusieWiles47 and @JamesBlairUSA for their indomitable leadership, the incredible staff they have brought together, and to the extraordinary team at the Office of Legislative Affairs, who have contributed so much to the work of the administration with Congress, most especially the 47 OLA deputy directors past and present: Jeff Freeland, Pace McMullan, Jay Fields, Katie Bailey and Chad Yelinski.
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Fannie Mae and Freddie Mac do not offer Amish Loans, Sharia Loans, or Kosher Loans. Any programs are open to All Americans and will be marketed as such.
@pulte Doesn’t mean much if the Jewish, Muslim or Amish lenders say you’re not one of them and discriminates based on that. No interest would be great but the originators are the bottleneck not Fanny and Freddy buying it from the lender.
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Mortgage fraud threatens trust in mortgage market, Bill Pulte warns
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FICO and Vantage Score are both doing very well. I appreciate the leadership of each company. Likely to have some new news on each soon. Exciting times ahead for the consumer.
We are nearing the end of our review of certain LLPAs. Decisions coming soon.
Effective immediately, these programs, along with Kosher and Amish programs, will be open AND marketed to ALL AMERICANS.
Fannie Mae and Freddie Mac both accommodate Sharia Law-compliant home financing. Fannie Mae even has a specific loan code for: “Musharaka Islamic Finance Mortgages.” Freddie Mac explicitly recognizes financing “designed to comply with Islamic law.” Wow.
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We continue to receive tips on mortgage fraud, and have made appropriate new referrals, as necessary. If you see something, say something: FraudTips@fhfa.gov. Thank you!!!
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Mortgage fraud is a serious crime, and those who try to dismiss it as political or otherwise, undermine the confidence in the mortgage market and related markets.
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Mortgage Fraud is a serious crime.
Real Estate Investor Admits Mortgage Fraud, Covid-19 Relief Program Fraud Schemes
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