Katy O’Donnell | Bloomberg

President Donald Trump’s recent social media post calling for mortgage giants Fannie Mae and Freddie Mac to boost homebuilding is sowing confusion in an industry already grappling with a stalled market and higher construction costs.

Trump asked the two government-controlled firms, which together back more than half the residential mortgage market, to “get big homebuilders going” in a Truth Social post on Sunday, but did not elaborate on what he had in mind. Federal Housing Finance Agency Director Bill Pulte, Fannie and Freddie’s regulator and conservator, shared the post on X and vowed that he was “on it.”

The entreaty shows how keen the White House is to demonstrate it is doing something about the housing affordability crunch and marked a rare shot across th

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