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US direction for $200billion in mortgage-backed-securities purchases

Trump says he directed Fannie Mae and Freddie Mac to purchase $200billion in mortgage-backed securities to reduce borrowing costs.

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  1. Donald Trump
    Trump

    United States

    Statement summary

    Trump announces National Homeownership Month and calls for passage of housing legislation

    Trump announces National Homeownership Month and calls for passage of the 21st Century ROAD to Housing Act.

    Source excerpt

    NATIONAL HOMEOWNERSHIP MONTH, 2026 BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION During National Homeownership Month, my Administration recommits to making housing more affordable so that young Americans and hardworking families can raise children, build memories, and create a future in a home of their own. For too long, reckless spending, burdensome regulations, and failed housing policies drove up home prices and mortgage rates while mass illegal immigration and large institutional investors strained the housing supply. The result was a housing affordability crisis brought on by the failed leadership of the previous administration. Now, under my leadership, my Administration is fixing the mess we inherited and restoring the American Dream of homeownership. From the first day I returned to office, I proudly signed an Executive Order to deliver price relief to Americans...

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