Congress should build an independent fund that accepts contributed equity from any company, holds it in a diversified portfolio and dedicates the returns to the trust funds.
Congress should build an independent fund that accepts contributed equity from any company, holds it in a diversified portfolio and dedicates the returns to the trust funds.
President Trump signed an executive order Thursday aiming to lower mortgage payments as elevated borrowing costs have stifled the housing market. Trump’s order directs Federal Housing Finance Agency (FHFA) Director Bill Pulte to create a pilot program to cancel insurance premiums for government-backed mortgages once a borrower has satisfied equity requirements. The president also established…