View or download a PDF of the letter here.

Americans for Financial Reform along with 17 housing, consumer, civil rights, and labor organizations sent a letter urging the Senate Banking Committee to oppose the nomination of Bill Pulte to serve as Director of the Federal Housing Finance Agency (FHFA). The Director of the FHFA must be committed to ensuring the safety and soundness of the mortgage market and dedicated to promoting affordable, fair, and sustainable homeownership opportunities. Mr. Pulte’s residential rental real estate investments and private equity background make him uniquely unsuited to lead the FHFA. At a time of unprecedented housing unaffordability, we need a housing finance system that prioritizes the needs of U.S. families, not private equity. The Senate must reject his nomination.