Trump Management Considers 50-Year Mortgages,Potential Return to Public Markets for Fannie and Freddie Mac
WASHINGTON,D.C. – The Trump administration is exploring a radical shift in homeownership with a proposed 50-year mortgage plan, touted as a potential “game changer” by federal Housing Finance agency Director Sandra Thompson amid escalating housing costs. Concurrently, former president trump signaled renewed consideration of taking Fannie Mae and Freddie Mac, including Federal Home Loan (OTC:FMCC), public, a move previously discussed in May.
The 50-year mortgage plan aims to lower monthly payments, making homeownership more accessible. however, the proposal has drawn criticism from some, including Rep. Marjorie Taylor Greene (R-Ga.),who argues it would extend debt burdens and disproportionately benefit banks. greene advocates for option solutions like curbing corporate ownership of single-family homes and easing mortgage qualification for renters with proven payment histories. She also supports eliminating capital gains taxes on primary home sales to help seniors retain equity.
President Trump first publicly considered returning Fannie Mae and Freddie Mac to public markets in May, stating the timing “would seem to be right.” both companies have been under federal conservatorship as 2008,collectively holding over $7 trillion in assets. Bill Pulte, founder of Pulte Capital, reported last month that the administration is evaluating plans to take the mortgage giants public, focusing on cost reduction and efficient operation.Pulte believes there is “no limit to what they could be worth one day.”
