Bill Pulte, the Federal Housing Finance Agency director, recently stirred controversy with a visit to President Trump’s Palm Beach Golf Club. This unexpected visit, which reportedly caught the attention of both White House staff and the American public, involved a rather peculiar presentation.

Pulte, known for his unorthodox methods, arrived at the club carrying a poster board reminiscent of a school project. The board was boldly titled ‘Great American Presidents,’ according to Politico. The centerpiece featured an image of former President Franklin Roosevelt, accompanied by the phrase ’30-year mortgage,’ while a photo of Trump was placed beside it with ’50-year mortgage’ inscribed below.

This visual proposal was quickly shared with the world when, just ten minutes later, President Trump posted a snapshot of the board on Truth Social. The move prompted a wave of calls to White House aides, with many expressing concerns over the implications of such a proposal.

The backlash centered on fears that extending mortgages to 50 years could exacerbate the already high housing costs, making homeownership even less affordable. Critics argued that the suggestion was based on a misleading comparison, as explained by someone present during the presentation. “He just sold POTUS a bill of goods that wasn’t necessarily accurate,” the individual remarked. “He told him, ‘FDR did it, you can do it, it’s gonna be a big thing.’ But he didn’t mention all the unintended consequences.”

Complaints reportedly said the suggestion would raise housing costs through the roof, in an already unaffordable environment.

‘He just sold POTUS a bill of goods that wasn’t necessarily accurate,’ the person who was with the president said. ‘He said ‘FDR did it, you can do it, it’s gonna be a big thing.’ But he didn’t tell him about all the unintended consequences.’

Housing market experts calling the idea a ‘bandaid solution’ to affordability, mentioning that there would be more interest payments overtime, and not set them up for financial success in their lifetimes.

‘It would lead to buyers building equity in their homes more slowly. At the beginning of the mortgage, more of those payments tend to be interest,’ said Gennadiy Goldberg, head of US rates strategy at TD Securities.

Pulte arrived with a school project-type poster board with the headline ‘Great American Presidents’ up top, Politico reported. The main centerpiece of the board featured a photo of former President Franklin Roosevelt and the words ’30-year-mortgage.’ There was also a photo of Trump, with ’50-year-mortgage’ etched underneath

Bill Pulte, the director of the Federal Housing Finance Agency, testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill back in late February

Bill Pulte, the Federal Housing Finance Agency director, reportedly made a visit to President Trump’s Golf Club in Palm Beach that ruffled feathers among White House staff and Americans alike, speaking with people who were there

Complaints reportedly said the suggestion would raise housing costs through the roof, in an already unaffordable environment

One of the two people familiar with the matter said that this idea has sparked more backlash than almost any other proposal of the second term – especially people that vote for Trump because of their strong confidence in his economic plans.

‘Anything that goes before POTUS needs to be vetted,’ said another person present for Pulte’s poster presentation. ‘And a lot of times with Pulte they’re not. He just goes straight up to POTUS.’

The president saying Monday that the idea was ‘not a big deal,’ defending the proposal to Lara Ingraham during an interview with Fox News.

‘All it means is you pay less per month,’ Trump said to Ingraham. ‘Pay it over a longer period of time. It’s not like a big factor. It might help a little bit.’

Well-known conservative figures including Rep. Marjorie Taylor Greene, Laura Loomer and Mike Cernovich tore the idea apart on social media.

‘It will ultimately reward the banks, mortgage lenders and home builders while people pay far more in interest over time and die before they ever pay off their home. In debt forever, in debt for life!’ Greene said on X. 

‘You know what’s better the a 50 year mortgage? Mass deporting 65 million illegal aliens,’ Loomer posted.

Pulte appeared to respond to critics Monday, saying the 50-year mortgage is just one tool in the Trump administration’s wider effort to expand housing options.

‘The thing that became clear from this latest episode — if it wasn’t already clear — is that Bill Pulte doesn’t know the first f****** thing about how the mortgage markets operate,’ one person who was at Trump’s golf course said, according to Politico. 

The White House said Trump is ‘committed to making it easier and more affordable to achieve the American Dream of homeownership by eliminating unnecessary red tape, increasing supply, and lowering costs.’