Trump Call for Fannie, Freddie to Spur Building Is ‘Mystery’ (1)

President Donald Trump’s recent social media post calling for mortgage giants Fannie Mae and Freddie Mac to boost homebuilding is sowing confusion in an industry already grappling with a stalled market and higher construction costs.

Trump asked the two government-controlled firms, which together back more than half the residential mortgage market, to “get big homebuilders going” in a Truth Social post on Sunday, but didn’t elaborate on what he had in mind. Federal Housing Finance Agency Director Bill Pulte, Fannie and Freddie’s regulator and conservator, shared the post on X and vowed that he was “on it.”

The ...