financetom
Business
financetom
/
Business
/
Trump calls on Fannie Mae and Freddie Mac to get big homebuilders 'going'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump calls on Fannie Mae and Freddie Mac to get big homebuilders 'going'
Oct 5, 2025 10:36 PM

Oct 5 (Reuters) - President Donald Trump on Sunday urged

U.S. mortgage financing companies Fannie Mae and Freddie Mac to

"get Big Homebuilders going," saying without providing evidence

that U.S. builders were "sitting on 2 Million empty lots, a

RECORD."

It was unclear exactly what action Trump expected builders

or the mortgage giants to take. Trump met in August with top

U.S. bank executives to discuss his administration's plans to

privatize the finance firms, which guarantee over half the

nation's mortgages and have been under federal conservatorship

since the 2008 financial crisis.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Newsmax Enters $1.2 Billion Standby Equity Deal With Yorkville Advisors
Newsmax Enters $1.2 Billion Standby Equity Deal With Yorkville Advisors
Apr 7, 2025
09:01 AM EDT, 04/07/2025 (MT Newswires) -- Newsmax ( NMAX ) said Monday it has entered into a standby equity purchase agreement with YA II PN, or Yorkville. Under the agreement, Newsmax ( NMAX ) has the option but not the obligation to require Yorkville to acquire up to $1.2 billion of its shares during a 24-month period. Shares were...
Vital Battery Metals Signs Letter of Intent to Acquire 75% of Corvo Project
Vital Battery Metals Signs Letter of Intent to Acquire 75% of Corvo Project
Apr 7, 2025
09:03 AM EDT, 04/07/2025 (MT Newswires) -- Vital Battery Metals ( VBAMF ) said Monday that it signed a non-binding letter of intent with Standard Uranium ( STTDF ) for an option to acquire a 75% percent interest in the Corvo project in the eastern Athabasca Basin region. Under the terms, Vital will pay $225,000 cash, issue $725,000 in shares,...
Match Group Urges Shareholders to Reject Anson Funds' Board Nominees
Match Group Urges Shareholders to Reject Anson Funds' Board Nominees
Apr 7, 2025
09:02 AM EDT, 04/07/2025 (MT Newswires) -- Match Group ( MTCH ) said Monday that shareholders should not support activist investor Anson Funds' three proposed board nominees. None of them brings meaningful additional skills or expertise relevant to Match Group's ( MTCH ) strategic priorities moving forward, the dating applications company said. The company said its board recommended that stockholders...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved