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Pulte vows action against ‘abusive monopolies’ in mortgage market

Pulte vows action against ‘abusive monopolies’ in mortgage market

Feed excerpt — reported by The Hill Politics

Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), said Monday he will not tolerate “abusive monopolies” dominating the mortgage market. “Abusive monopolies will not be allowed to take advantage of consumers anywhere in the mortgage market,” Pulte wrote on social platform X. Pulte said last month that Fannie Mae and Freddie Mac…

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