Trump Admin Considering ‘Portable Mortgages’: Top US Housing Regulator
5 Articles
5 Articles
Trump Admin Considering ‘Portable Mortgages’: Top US Housing Regulator
The country’s top housing regulator said the Trump administration is considering another tool that could address America’s affordability challenges. “We are actively evaluating portable mortgages,” Bill Pulte, Federal Housing Finance Agency director, said in a succinct Nov. 12 post on X, providing no further details. This comes days after he suggested that Fannie Mae and Freddie Mac were “evaluating how to do assumable or portable mortgages, in …
FHFA evaluates assumable and portable mortgages
Bill Pulte said this week that the Federal Housing Finance Agency (FHFA) may allow Fannie Mae and Freddie Mac to offer assumable or portable mortgages — part of ongoing discussions inside the Trump administration on ways to address housing affordability. “At Fannie and Freddie, we are evaluating how to do assumable or portable mortgages, in a safe and sound manner,” Pulte posted Sunday on X. On Wednesday, he reiterated, “We are actively evaluati…
Portable Mortgages Don’t Work in the United States
Now that the 50-year mortgage has been thoroughly panned and debunked as a viable affordability solution, we’re on to the next silly idea. What is it? Well, “portable mortgages” of course, where you can take your home loan with you from property to property. They actually exist, but not in this country. Only in Canada… Read More »Portable Mortgages Don’t Work in the United States The post Portable Mortgages Don’t Work in the United States appear…
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