Trump: Instructing my representatives to buy $200B in mortgage bonds
From @realDonaldTrump
Biden ignored the Housing Market, and instead was immersed with High Crime, Open Borders, runaway INFLATION, the Afghanistan Disaster, and a Military that he left in Chaos and Confusion. Everything was broken, but I, as President of the United States, have already fixed it! Now, I am giving special attention to the Housing Market. Because I chose not to sell Fannie Mae and Freddie Mac in my First Term, a truly great decision, and against the advice of the “experts,” it is now worth many times that amount — AN ABSOLUTE FORTUNE — and has $200 BILLION DOLLARS IN CASH. Because of this, I am instructing my Representatives ...
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Trump proposes $200bn mortgage-bond buying plan to cut US home loan rates
From investinglive.com
Donald Trump said, in a 'tweet' ('truth') on his own social media app, he has instructed government representatives to purchase $200 billion of mortgage-backed securities (MBS), framing the move as a direct intervention aimed at lowering mortgage rates and restoring housing affordability in the United States. In a statement posted on social media, Trump said housing affordability has deteriorated sharply as mortgage rates surged, placing home ownership further out of reach for many Americans. Trump said the planned MBS purchases would be funded through Fannie Mae and Freddie Mac, government-sponsored enterprises that ...
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