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Trump Boosts Fannie Mae Purchases Amid Criticism and Warnings

1/24/2026

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Summary

Story summary

U.S. President Donald Trump authorized Bill Pulte, housing finance director, to boost Fannie Mae and Freddie Mac mortgage bond purchases from $200 billion to $225 billion.
The change came in a January 12, 2025 email.
It reverses nearly two decades of bipartisan limits since 2008.
Critics, including Senator Elizabeth Warren (D-Mass.), call it political theater.
Economists warn that without more housing supply, any relief may raise prices.

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Story summary

U.S. President Donald Trump authorized Bill Pulte, housing finance director, to boost Fannie Mae and Freddie Mac mortgage bond purchases from $200 billion to $225 billion.
The change came in a January 12, 2025 email.
It reverses nearly two decades of bipartisan limits since 2008.
Critics, including Senator Elizabeth Warren (D-Mass.), call it political theater.
Economists warn that without more housing supply, any relief may raise prices.