Pulte vows action against ‘abusive monopolies’ in mortgage market
Summary
FHFA Director Bill Pulte said Monday that he would not allow what he called “abusive monopolies” to take advantage of consumers in the mortgage market. The article also notes that Pulte discussed Fannie Mae and Freddie Mac last month, but the excerpt does not include details of those remarks.Key Facts
- Bill Pulte is the director of the Federal Housing Finance Agency.
- Pulte made the statement on Monday.
- Pulte posted his statement on X.
- He said abusive monopolies would not be allowed to take advantage of consumers.
- His warning covered the mortgage market.
- The article says Pulte spoke about Fannie Mae and Freddie Mac last month, but gives no details in the excerpt.
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