Mortgage Giants Fannie Mae, Freddie Mac Urged by Trump To Help as He Accuses Big Homebuilders of Sitting on '2 Million Empty Slots'
International Business Timesยท2025-10-07 16:54
US President Donald Trump on Sunday evening, 5 October 2025, accused major homebuilders of deliberately holding back housing construction.Because of this, Trump called on mortgage giants Fannie Mae and Freddie Mac to step in and push builders into action, saying it was time to 'help restore the American Dream'. He said developers now had access to financing, so there was 'no excuse not to build'.Trump Says Big Homebuilders Are Just Like OPECTrump's Truth Social post drew widespread attention after he likene ...