Freddie, Fannie $200 billion mortgage bond buy underway with $3 billion purchase, FHFA’s Pulte says

Federal Housing Finance Agency Director Bill Pulte confirmed a $3 billion mortgage bond purchase occurred Friday, the day after President Trump ordered a $200 billion buy to lower housing costs. Pulte also stated that the privatization of Freddie Mac and Fannie Mae remains a possibility, though he did not provide a timeline for the full $200 billion purchase.