In a post on Truth Social Jan. 8, President Donald Trump announced he is directing his representatives to purchase $200 billion in mortgage bonds in an effort to reduce mortgage rates and monthly payments for American homebuyers. The move marks the administration’s latest attempt—its second this week—to address housing affordability concerns that have dominated voter…
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. -Mortgage industry advocates are warning that fee hikes on credit reporting services could be a significant blow to an already struggling housing market. Mortgage lenders are reporting price increases of up to 50% for…
When the Trump Administration floated the idea of merging Fannie Mae and Freddie Mac into a single “Great American Mortgage Corporation” and taking it public, the announcement didn’t come through a press conference or news release. Instead, the president himself shared it via social media, sparking intense speculation. It’s one of many examples emerging from…