Senators call on FHFA’s Bill Pulte to pause GSE privatization plans

“Hasty and poorly planned changes to the Enterprises could dramatically increase costs for families seeking to purchase a home, rewarding President Trump’s billionaire campaign contributors while making the housing crisis even worse,” the senators wrote, according to the report.

FHFA did not respond to the outlet’s comment request.

Discussions about releasing the GSEs have ramped up significantly over the past two weeks.

While Pulte in the past indicated that FHFA and the administration might not prioritize a release in order to fully assess the potential mortgage market impacts, he has also consistently said the ultimate decision lies with President Donald Trump.

Late last month, Trump indicated in a social media post that he would work on “taking these amazing…