FHFA’s Pulte Says Fannie, Freddie Eyeing Stakes in Tech Firms

Bill Pulte, the director of the Federal Housing Finance Agency, said that Fannie Mae and Freddie Mac are looking at ways to take equity stakes in technology companies.

“We have some of the biggest technology and public companies offering equity to Fannie and Freddie in exchange for Fannie and Freddie partnering with them in our business,” Pulte said Friday during an interview at a housing conference hosted by ResiClub. “We’re looking at taking equity stakes in companies that are willing to give it to us because of how much power Fannie and Freddie have over the whole ecosystem.”

Director of the Federal Housing Finance Agency William Pulte

Photographer: Al Drago/Bloomberg