Pulte Pushes Back on the Mortgage Label
Federal housing regulator Bill Pulte responded Thursday to reports about Sharia-compliant mortgage loans connected to Fannie Mae and Freddie Mac. Pulte’s message was direct: Fannie and Freddie do not give out Sharia-compliant loans. He also clarified to The Gateway Pundit that Fannie and Freddie “DON’T GIVE OUT SHARIA MORTGAGES.” That is an important distinction, because the fight here is not just over paperwork. It is over whether federal housing giants are backing special financing structures while most Americans are still trying to figure out how to afford a front porch without selling a kidney.
Effective immediately, these programs, along with Kosher and Amish programs, will be open AND marketed to ALL AMERICANS. https://t.co/SzsNzKOKxW
— Pulte (@pulte) August 21, 2026
Guidance Residential Says Investors Are Involved
Guidance Residential, a private Islamic home-financing company, publicly describes its product as “Islamic co-ownership financing.” According to the company, instead of a normal interest-bearing mortgage, Guidance purchases a home alongside the buyer. The buyer then gradually buys out the company’s share while paying for use of the remaining share. Guidance says this setup is designed to comply with Sharia principles that prohibit riba, or interest. The company also states that it brings Freddie Mac into these transactions as an additional investor, and another passage on its website references Fannie Mae as well.
The Federal Role Is the Real Question
Guidance says its Sharia board and 18 law firms developed a contract structure that allows Freddie Mac to participate without buying conventional debt. RealClearInvestigations reported in May 2026 that federal data show Fannie Mae and Freddie Mac have become the primary investors in these Islamic mortgages, injecting billions of dollars in liquidity. So while Pulte says the agencies are not issuing Sharia mortgages, the reported investor role still raises obvious questions about how these arrangements work, who approves them, and whether everyday taxpayers are being pulled into niche financing models by the back door.
Pulte Says the Programs Will Be Open to All
Pulte also said that effective immediately, these programs, along with Kosher and Amish programs, will be open and marketed to all Americans. Earlier this month, he said officials were looking into the Fannie and Freddie Sharia-compliant loan issue after it was raised publicly. The Center for Security Policy and other national security analysts have warned for years that Sharia-compliant finance could be used for broader ideological influence or potential material support networks. That concern deserves sunlight, not the usual Washington fog machine set to “nothing to see here.”
We are looking into this right now. Thanks for mentioning! https://t.co/SzsNzKOKxW
— Pulte (@pulte) August 13, 2026
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JIMMY
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