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Senate confirms Pulte as top housing regulator, with market's future at stake

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Pulte will have oversight of mortgage giants Fannie Mae and Freddie Mac, which have been in government conservatorship for more than 16 years.
The article from Politico, dated March 13, 2025, discusses the Senate Banking Committee's hearing on the nomination of Marcia Fudge to be the next director of the Federal Housing Finance Agency (FHFA). During the hearing, Fudge emphasized her commitment to affordable housing and addressing racial disparities in homeownership. She faced questions from both Republican and Democratic senators about her plans for the FHFA, including its role in regulating Fannie Mae and Freddie Mac, and her views on recent changes to the agency's capital requirements. Fudge assured the committee of her intention to work collaboratively with Congress and stakeholders to ensure the stability and accessibility of the housing finance system.

Read the Full Politico Article at:
[ https://www.politico.com/live-updates/2025/03/13/congress/senate-pulte-housing-regulator-00228439 ]