The Trump Organization is expanding beyond its real estate focus with the launch of a mobile-phone service called Trump Mobile and plans to sell a US-built smartphone later this summer. The Wall Street Journal reports the mobile service would work with all three major...
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...
Federal Reserve Chairman Jerome Powell met today at the White House with President Trump, marking their first face-to-face encounter since Trump began his second term. “At the President’s invitation, Chair Powell met with the President today at the White House...
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...
The chief executive of the Mortgage Bankers Association (MBA) praised the Trump administration for having a strong understanding of how the housing market operates. Speaking before the trade group’s 2025 Secondary and Capital Markets Conference, MBA President and CEO...