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

BY Reuters | AGENCY | 01/09/26 02:45 PM EST

WASHINGTON, Jan 9 (Reuters) - Federal Housing Finance Agency Director Bill Pulte said ?on Friday a $3 ?billion mortgage bond buy ?had been put ?in ?already the day ?after President ?Donald Trump ordered his representatives to ?buy $200 ?billion ?in mortgage bonds to bring down housing costs.

Speaking ?to reporters at the White House, Pulte said the privatization of ?Freddie ?Mac and Fannie Mae "can still ?very much happen."

He declined to say when the $200 billion buy would be complete. (Reporting ?by Bo Erickson, Chris Prentice and Katharine Jackson; Editing ?by Chris Reese)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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