Opendoor CEO Kaz Nejatian said during an appearance on Breitbart News Saturday this week that President Donald Trump is doing an “excellent” job of lowering housing costs and increasing supply.
Nejatian spoke to Breitbart News Saturday as the Trump administration has taken sweeping actions to lower housing costs and increase affordability for Americans across the board. Opendoor is an online company that makes cash offers on homes through an online process and relists them for sale, easing the home selling process.
In early January, Trump moved to having Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs) that service loans, buy $200 billion in mortgage bonds to lower mortgage rates and bring down monthly payments.
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Nejatian praised the move, saying the decision to purchase $200
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