MBA Letter to Senate Banking Committee on Bill Pulte’s Nomination to Lead FHFA

The Mortgage Bankers Association released a letter to express the real estate finance industry’s strong support for President Trump’s nomination of William J. “Bill” Pulte to be the next Director of the Federal Housing Finance Agency (FHFA).

The letter encouraged Senator Tim Scott, Chairman of the Committee on Banking, Housing and Urban Affairs, and Senator Elizabeth Warren, Ranking Member of the committee, to quickly schedule a hearing and then “swiftly and favorably report his nomination to the full Senate for a confirmation floor vote.”

“We believe he brings a wealth of real world, private sector experience to this role at a critical time for the housing Government Sponsored Enterprises (GSEs) – Fannie Mae, Freddie Mac, and the Federal Home Bank System,” the letter stated.

To read the full letter, click here.