WASHINGTON (March 12, 2025) – National Association of REALTORS® EVP & Chief Advocacy Officer Shannon McGahn issued the following statement after the United States Senate confirmed Bill Pulte to lead the Federal Housing Finance Agency (FHFA):

"On behalf of the National Association of REALTORS®, I want to extend our sincere congratulations to Bill Pulte on his confirmation as Director of the Federal Housing Finance Agency. His leadership comes at a pivotal time as we face historic housing challenges, including affordability concerns and a nationwide housing shortage.

"FHFA oversees a housing finance system that is uniquely American, but whose reform is long delayed. Fannie Mae and Freddie Mac, collectively the 'GSEs', are the backbone for middle-class homeownership and rentership. It is of the utmost importance that we take a measured and thoughtful approach to any GSE reforms.

"We are confident that Director Pulte's experience and commitment will help strengthen the housing finance system and support sustainable homeownership for all Americans. We look forward to working with him to ensure a stable, accessible, and thriving housing market for generations to come."

NAR sent a letter of supportpdf for Pulte's confirmation last month.

About the National Association of REALTORS® 

As America's largest trade association, the National Association of REALTORS® is involved in all aspects of residential and commercial real estate. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. For free consumer guides about navigating the homebuying and selling transaction processes – from written buyer agreements to negotiating compensation – visit facts.realtor. 

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