The upheaval at Fannie and Freddie comes amid housing regulator Bill Pulte’s quest to root out fraud in the mortgage market.

The actual amount of fraud Fannie Mae is exposed to is likely far higher than $752 million. According to an internal Fannie Mae email in March 2024 obtained by The Real Deal, the agency warned ...

Just weeks after his confirmation as Director of the Federal Housing Finance Agency (FHFA), Bill Pulte is making swift moves ...

Fannie Mae said Tuesday it fired more than 100 employees for unethical conduct.  “Since my swearing-in, we fired over 100 ...

US mortgage giant, Fannie Mae, has laid off 200 employees, mostly Telugus, over salary fraud, according to a report. The ...

The FHFA head and self-appointed chair of Fannie Mae's board said he was "slowly but surely" turning around the agencies that underpin the U.S. mortgage market.

Separately, the agency has substantially reduced its workforce as part of broader government directives.

The U.S. Federal Housing Finance Agency and Fannie Mae (FNMA) issued a statement: “In President Trump’s housing market, there is no room for ...

"Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including ...

"Since my swearing-in, we fired over 100 employees from Fannie Mae who we caught engaging in unethical conduct, including facilitating fraud, against our great company. Anyone who commits fraud ...