Federal National Mortgage Association (Fannie Mae)

“Right here, Pulte. He's done a great job, that guy. These people know you. You're becoming very famous. But he's done a good job. But I've instructed him to buy $200 billion in mortgage bonds, bringing interest rates plummeting down much lower than they would have normally been. And we're going to get the rates down.”

“There will never be a promised land with Kathy. So we're also taking historic actions to make it easier to afford a home and I signed an executive order banning large Wall Street investment firms from buying up all of the single-family homes all over the country. And I also directed Fannie Mae and Freddie Mac -- and we happened to have the head of Fannie Mae and where is Mr. Pulte?”

“Well, he's very smart. He's a person who's got high integrity. He's done a phenomenal job at Fannie Mae, Freddie Mac. You probably have $1 trillion in value there; when he took over it was much less. And I guess I'm responsible for that, too, because everybody wanted me to sell it in my first term for 10 percent of what it's worth right now.”

“But who would have thought that it comes due in my term. I mean, this was -- thank you very much. So it was very important that we be able to do that. So we're talking to them. We'll see if we do something.”

“Look at the job he did at Fannie Mae, Freddie Mac. I mean, he's worth probably $1 trillion right now until we put him there.”