The
MBA’s
letter
is
signed
by

Lennar
Mortgage
President
and
MBA
Chair
Laura
Escobar,
as
wel
as
MBA
President
and
CEO

Bob
Broeksmit.

“We
believe
he
brings
a
wealth
of
real
world,
private
sector
experience
to
this
role
at
a
critical
time
for
the
housing
GSEs,”
the
letter
reads.
“Mr.
Pulte’s
proven
record
qualifies
him
to
lead
this
important
agency.
Our
industry
looks
forward
to
working
productively
with
Mr.
Pulte,
once
confirmed,
to
help
maintain
the
safety
and
soundness
of
the
GSEs
and
our
nation’s
deep,
liquid
housing
finance
system
—
for
the
benefit
of
American
renters
and
homeowners
alike.”

The
MBA
points
to
Pulte’s
experiences
and
accomplishments.
He
currently
serves
as
CEO
of

Pulte
Capital
Partners,
an
investment
fund
that
the
MBA
says
has
generated
more
than
$100
million
in
returns.
The
group
also
notes
that
Pulte
was
a
director
at

Pulte
Homes,
which
gave
him
familiarity
with
homebuilding,
mortgage,

title
and
insurance
operations.

MBA
is
not
the
only
group
to
endorse
Pulte.
After
Trump
nominated
him
on
Jan.
16,
the


Community
Home
Lenders
of
America
(CHLA)
came
out
in
support
too.

“CHLA
congratulates
Bill
Pulte
on
the
announcement
that
he
will
be
nominated
for
FHFA
Director.
We
look
forward
to
working
with
him
on
the
critical
priorities
of
homeownership
affordability
and
protecting
smaller
IMBs
in
any
plan
in
which
Fannie
Mae
and
Freddie
Mac
exit
conservatorship,”
the
statement
read.

Broeksmit
also
released
a
statement
after
the
nomination,
citing
Pulte’s
support
for
taking
the

GSEs
out
of
conservatorship.

United
Wholesale
Mortgage
(UWM)
President
and
CEO

Mat
Ishbia
also
expressed
his
support,
saying
he
believes
Fannie
and
Freddie
can
benefit
from
innovation.