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The Latest Breaking News from Bill Pulte

Trump housing chief requests new criminal investigation into Letitia James

Bill Pulte reportedly urges examination of alleged fraud as New York attorney general’s lawyer attacks ‘vendetta’

The Guardian - US

Trump's housing market plan contains a fatal flaw and multiple obstacles, Morgan Stanley says

"Affordability in U.S. housing is a tricky issue that lacks a silver bullet," the bank said. Trump's actions are only "modestly helpful" for affordability.

Fortune

‘Agent of chaos’ Bill Pulte and Jeanine Pirro behind DOJ investigation of Fed Chair Jerome Powell, report claims

Chairman has dismissed probe as a political attack brought about because he refuses to lower interest rates in line with ‘the preferences of the president’

The Independent UK

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Jerome Powell says DOJ served him with subpoenas, claims it’s really about one thing Trump wants

Trump just did something no president has ever done to the Fed.

We Got This Covered

Scoop: Bessent told Trump that investigation of Fed chair creates a "mess"

"The secretary isn't happy, and he let the president know," one source familiar with Bessent's call to Trump told Axios.

Axios

Bill Pulte: How Trump's housing regulator became an attack dog

Pulte has been putting the pressure on Jerome Powell for months.

Axios

Trump had two mortgages he claimed were primary dwellings, records show

President did same thing his administration is now calling ‘mortgage fraud’ in case against Fed governor Lisa Cook

The Guardian - US

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Trump ally Pulte under investigation by congressional watchdog

Pulte has led the Trump administration's effort to pursue mortgage fraud cases against Trump opponents.

Axios

Michael Burry Is Betting Big on Fannie Mae. What Is the Bull Case for FNMA Stock Here?

Michael Burry’s bet on Fannie Mae highlights growing expectations that a potential end to conservatorship could unlock significant value for FNMA shareholders.

Barchart

Trump Allies Branded 'Corrupt' For 'Investigating Themselves' In Mortgage Fraud Scandal

A Maryland grand jury is probing whether Trump-appointed officials improperly assigned unauthorised personnel in mortgage fraud investigations targeting his political adversaries, raising serious questions about misuse of power.

International Business Times UK

Justice department investigates handling of Adam Schiff’s mortgage fraud case

Inquiry centers on whether two Trump allies influenced Schiff investigation as prosecutors struggle to build case

The Guardian - US

Justice Department is examining handling of mortgage fraud investigation into Sen. Adam Schiff

The Justice Department is examining the handling of the mortgage fraud investigation into Sen. Adam Schiff

The Independent UK

Could Tax Savings Make a 50-Year Mortgage Worth It?

The 50-year mortgage proposal by Trump aims to address the housing affordability crisis with lower monthly mortgage payments. But what does that mean for your taxes?

Kiplinger

Fed's Cook blasts mortgage fraud allegations against her as 'baseless' in letter to AG Bondi

Lawyers for Federal Reserve Governor Lisa Cook on Monday disputed allegations by a Trump administration official that she committed mortgage fraud, an accusation that President Donald Trump used as a basis for seeking to fire her

The Independent UK

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Fortune

Why 'affordability' is every politicians' nightmare: The anger that gets you elected and refuses to go away

The Fed measures inflation "at the time it's felt by the consumer," The Amherst Group's Sean Dobson told Fortune, different from measuring affordability.

The Independent UK

Top Fannie Mae officials ousted after sounding alarm on sharing sensitive housing data

A confidant of Bill Pulte, the Trump administration’s top housing regulator, provided confidential mortgage pricing data from Fannie Mae to a principal competitor

The Guardian - US

How can we make the housing crisis even worse? Donald Trump has a plan

A proposal touting 50-year mortgages could double interest payments and worsen inequality

Reason

The Trump Administration's Latest Housing 'Fix' Could Inflate Another Bubble

Socializing risk to subsidize demand isn't a solution to the housing crisis, but it is a good start to another financial crisis.

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Euronews

What to know about the 50-year mortgage proposed by the White House

The White House is considering backing a 50-year mortgage plan to help alleviate the country's home affordability crisis. Experts say the proposal has several drawbacks.

Fortune

Trump calls his 50-year mortgage idea 'not even a big deal' while insisting 'the economy is the strongest it's ever been'

"It might help a little bit," Trump said of the 50-year mortgage plan, which has no details attached yet. His housing director called it a "game-changer."

The Mary Sue

After the 50-year mortgage plan, Trump might introduce a 15-year car loan. Ironically, American cars don’t even last that long

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.

Reason

The 50-Year Mortgage: Completely Fine or a Total Flop?

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.

The Independent UK

Trump considering shake-up to housing market by offering 50-year mortgages and not just 30-year terms

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

Fortune

Move over, 30-year mortgage. The Trump White House is working on a 50-year option to break the housing market gridlock

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

International Business Times UK

Trump Administration Eyes 50-Year Mortgage Plan Amid Housing Crisis — But Not Everyone's on Board

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

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