Source: Fannie Mae
WASHINGTON, DC – On Sunday, President Trump congratulated Bill Pulte, Fannie Mae’s chairman and director of U.S. Federal Housing, acknowledging the work he’s doing for the housing market and people across the country.
The message recognized the “outstanding” work Director Pulte has done since the president appointed him earlier this year to lead U.S. Federal Housing and encouraged him to keep moving forward. Since he was confirmed, Director Pulte has led Fannie Mae’s efforts to be a more efficient company focused on its core mission.
With $4.4 trillion in total assets, Fannie Mae provides a reliable source of affordable mortgage credit that supports homebuyers and renters across the country. The company is foundational to the housing market in the United States. The housing market generally makes up 15-18% of the United States’ GDP, so a strong housing market means a stronger American economy.