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Federal Reserve Holds Rates Steady, Ignoring Trump’s Exhortations

Federal Reserve Holds Rates Steady, Ignoring Trump’s Exhortations

by Phil Hall | Jun 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve resisted repeated calls by President Trump to cut rates. The Federal Open Market Committee, the central bank’s policy making arm, voted unanimously to maintain the target range for the federal funds rate at 4.25%to 4.5%. In announcing its decision,...
Sen. Warren Slams Rocket Companies’ Acquisitions, GSE Privatization

Sen. Warren Slams Rocket Companies’ Acquisitions, GSE Privatization

by Phil Hall | Jun 6, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Sen. Elizabeth Warren (D-MA) has taken aim at the Trump administration for failing to question Rocket Companies’ (NYSE: RKT) recent acquisition announcements and for seeking to privatize Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). Reuters reports Warren...
FHFA’s Pulte Continues to Demand Fed Rate Cuts from Powell

FHFA’s Pulte Continues to Demand Fed Rate Cuts from Powell

by Phil Hall | Jun 4, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

For the fifth time in 10 days, Federal Housing Finance Agency Director Bill Pulte has challenged Federal Reserve Chairman Jerome Powell to enact rate cuts. Earlier today on his X account, Pulte wrote, “Jerome Powell must lower rates, and now. Enough is enough.” Pulte...
Trump Says He Will Take Fannie Mae and Freddie Mac Public

Trump Says He Will Take Fannie Mae and Freddie Mac Public

by Phil Hall | May 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Donald Trump announced that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, which would end the federal conservatorship of the government-sponsored enterprises that have been in place since September 2008. In a post on his...
FHFA’s Pulte Calls on Powell to Lower Rates

FHFA’s Pulte Calls on Powell to Lower Rates

by Phil Hall | May 27, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has taken an unprecedented move in openly calling on Federal Reserve Chairman Jerome Powell to lower rates. In a posting on his personal X account – which he now mostly uses for FHFA messaging – Pulte wrote,...
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