The private equity entrepreneur could take the job as the agency looks to release control of Fannie Mae and Freddie Mac.

President-elect Donald Trump has nominated Bill Pulte, the homebuilding scion and online personality, to serve as director of the Federal Housing Finance Agency.

U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency (FHFA). "Bill needs no formal introduction to the Great Citizens of our Country,

President-elect Donald Trump on Thursday nominated businessman and philanthropist Bill Pulte, who lives in Florida but whose family has deep ties to metro Detroit, to serve as director of the Federal Housing Finance Authority.