Trump calls on Fannie Mae and Freddie Mac to get big homebuilders 'going'
President Donald Trump urged mortgage financing companies Fannie Mae and Freddie Mac to "get Big Homebuilders going," claiming, without evidence, that builders held "2 Million empty lots." The specific action Trump expected was unclear. This follo...

It was unclear exactly what action Trump expected builders or the mortgage giants to take.
Trump met in August with top U.S. bank executives to discuss his administration's plans to privatise the finance firms, which guarantee over half the nation's mortgages and have been under federal conservatorship since the 2008 financial crisis.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.