Bloomberg Talks Bill Pulte Talks Fed Subpoena, Housing
Jan 12, 2026
Bill Pulte, Director of the Federal Housing Finance Agency, discusses pressing housing issues and the Fed's recent subpoenas without taking personal accountability. He emphasizes the importance of reducing mortgage rates to improve affordability, while advocating against institutional buyers that outbid everyday Americans. Pulte highlights ongoing strategies to boost homeownership and mentions potential actions like mortgage-backed securities purchases. He asserts that there's bipartisan momentum towards reforming housing policies, underscoring an urgent push from the White House.
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Lower Rates To Boost Affordability
- Focus policy tools on lowering mortgage rates to improve housing affordability.
- Use targeted mortgage bond purchases and other measures to reduce borrowing costs.
$200B Buyback Lowered Rates
- Pulte cites a recent $200 billion buy of mortgage bonds by Fannie and Freddie as pushing mortgage rates down 25 basis points.
- He highlights expected housing announcements tied to the president at Davos.
Positioning As A Policy Reversal
- Pulte links higher mortgage payments under the prior administration to worsened affordability.
- He frames current actions as a reversal of those prior policy effects.